Solution-Forecast for next year sales using regression

Forecast for next year sales using regression

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Reference no: EM132842705

Suppose a firm has had the following historic sales figures.

Year Sales ($)

2016 1,470,000

2017 1,700,000

2018 1,600,000

2019 2,170,000

2020 1,760,000

What would be the forecast for next year's sales using regression to estimate a trend? Explain step by step your answer

Reference no: EM132842705

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Forecast for next year sales using regression

Reference no: EM132842705

Reference no: EM132842705

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