What would be the forecast for next year sales

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Question: Suppose a firm has had the following historic sales figures.

Year:              2009              2010              2011              2012              2013

Sales:        $1,440,000      $1,670,000      $1,590,000      $2,000,000     $1,810,000

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

Reference no: EM131793417

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