Question: The Schonlind Company has gathered information regarding past sales: Year Sales 1999 $300,000 2000 225,000 2001 325,000 2002 650,000 2003 540,000 2004 675,000 2005 825,000
The Schonlind Company has gathered information regarding past sales:
Year Sales
1999 $300,000
2000 225,000
2001 325,000
2002 650,000
2003 540,000
2004 675,000
2005 825,000
Please complete the remaining questions using the revised historical data.
Which method do you think provides the most realistic sales projections for 2006? Why?
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Computation of the Linear Regression Linear regression seems to fit a fairly good lineThe R2 is almo... View full answer
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