Find intercept and slope of the linear function

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Reference no: EM131439274

Question: Thomas wants to predict the sales figures of his company for the upcoming year. On the basis of historical data, he concludes that a linear function passes through the observed data points for the first and sixth years. The sales figure for the first year is $24,000, and for the sixth year is $2,000. Develop a spreadsheet model to find intercept and slope of the linear function and predict sales for the seventh year.

Reference no: EM131439274

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