Regression to estimate a trend

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Suppose a firm has had the historical sales figures shown as follows.

What would be the forecast for next year's sales using regression to estimate a trend?

Year: 2008 2009 2010 2011 2012

Sales: $2,000,000 $1,800,000 $2,200,000 $2,400,000 $2,300,000

Reference no: EM132554705

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