Discuss the appropriateness of given model

Reference no: EM131401275

Candy 2006. The table shows the increase in Halloween candy sales over a 7-year period as reported by the National Confectioners Association (www.ecandy.com). Using these data, estimate the amount of candy sold in 2006.

Discuss the appropriateness of your model and your faith in the estimate. Then comment on the fact that NCA reported 2006 sales of $2.136 million. (Enter Year as 95, 96, . . . , 101.)

Year	Halloween Candy Sales (millions of dollars)
1995	1.474
1996	1.660
1997	1.708
1998	1.787
1999	1.896
2000	1.985
2001	2.035

Reference no: EM131401275

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