Solution-Problem regarding the estimated sales amount

Problem regarding the estimated sales amount

Reference no: EM131076576

A time series trend equation for Hammer Hardware is Y' = 5.6 + 1.2t, where sales are in millions of dollars and t increases by one unit for each year. If the value of sales in the base year of 2016 is $5.6 million, what would be the estimated sales amount for 2018?

Reference no: EM131076576

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Problem regarding the estimated sales amount : A time series trend equation for Hammer Hardware is Y' = 5.6 + 1.2t, where sales are in millions of dollars and t increases by one unit for each year. If the value of sales in the base year of 2016 is $5.6 million, what would be the estimated sale..

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Problem regarding the estimated sales amount

Reference no: EM131076576

Reference no: EM131076576

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