Home depot annual sales, Obtain Home Depot's annual sales

Home depot annual sales

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Reference no: EM1323329

Obtain Home Depot's annual sales for the past 10 years. You can obtain this data from the Internet.

Create a linear trend model of that data.
Calculate the coefficient of determination.
Interpret the coefficient of determination.
Forecast Home Depot's annual sales for next year.
Would an exponential model be a better model to use here than a linear trend model? Why or why not?

Reference no: EM1323329

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