What would be the forecast for next years sales

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Suppose a firm has had the following historic sales figures:

2009: 1,450,000

2010: $ 1,710,000

2011 : $ 1,600,000

2012: $ 2,000,000

2013: $ 1,850,000

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

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The solution contains the sales forecast of a series of Sales figures.The solution is done using Slope, Intercept & Forecast functions of excel. By using the above functions, the Sales figure for the upcoming year is being forecaster.

Reference no: EM131312668

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