Wanjarri investment management

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Reference no: EM133615388

Question

Thomas Knight, an analyst with Wanjarri Investment Management, is tasked with forecasting future sales for Rudall Hardware, a publicly traded retail business specializing in home improvements. Using 25 quarters of sales data ending with the most recent quarter-end date, Knight estimates a log-linear trend with an intercept of 9.464 million and a trend coefficient of 0.003 million. Based on this model, he creates a forecast of sales for the next four quarters to discuss with his supervisor, Rory Johnson.

Reference no: EM133615388

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