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

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Finance

Suppose a firm has had the following historic sales figures.

Year: 2016 2017 2018 2019 2020
Sales $1,490,000 $1,680,000 $1,550,000 $2,050,000 $1,860,000

What would be the forecast for next years sales using regression to estimate a trend?

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Suppose a firm has had the following historic sales figures. Year: Sales 2016 $1,490,000 2017 $1,680,000 2018 . $1,550,000 2019 $2,050,000 2020 $1,860,000 What would be the forecast for next year's sales using regression to estimate a trend? Next year's sales

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