What would be the forecast for next years sales using
Suppose a firm has had the following historic sales figures. Year: 2009 2010 2011 2012 2013 Sales $ 1,490,000 $ 1,670,000 $ 1,570,000 $ 2,180,000 $ 1,840,000. What would be the forecast for next year’s sales using regression to estimate a trend?
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