Question: Suppose a firm has had the historic sales figures shown as follows. What would be the forecast for next years sales using regression to estimate

Suppose a firm has had the historic sales figures shown as follows. What would be the forecast for next year€™s sales using regression to estimate atrend?

Year 2009 2010 2011 2012 2013 Sales $1,500,000 $1,750,000 S1,700,000 $2,000,000 S1,800,000

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Since we are not instructed to deseasonalize the historic sales figures all we need to do is run a r... View full answer

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