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Imagine a regression with year

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Reference no: EM132401552

Imagine a regression with YEAR (as in 2015 or 2001) predicting SALES (in thousands of dollars) as so:

SALES = 100 + 0.5*YEAR

And YEAR is statistically significant. What should you predict SALES to be in 2020? Express your answer as SALES does: in thousands of dollars.

Reference no: EM132401552

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