Sales using regression to estimate a trend

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Reference no: EM131513592

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 12,000,000 11,800,000 12,200,000 12,400,000 12,300,000

$12,000,000

$12,140,000

$12,300,000

$12,500,000

Reference no: EM131513592

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