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Draw the secular trend line of best fit

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Reference no: EM132436018

Question - The following data represents sales for 2005 to 2015:

Year Sales

2005 10.000

2006 11.000

2007 12.000

2008 12.500

2009 16.000

2010 18.000

2011 25.000

2012 40.000

2013 41.000

2014 43.000

2015 50.000

Based on the data,

(a) Plot the data on a graph.

(b) Draw the secular trend line of best fit using semi-average method.

(c) Predict sales for 2019.

Reference no: EM132436018

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