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QUESTION

Suppose a firm has had the following historic sales figures. Years: 2009, 2010, 2011, 2012, 2013 Sales:

Suppose a firm has had the following historic sales figures. 

Years: 2009, 2010, 2011, 2012, 2013

Sales: 2009 - 1,530,000

           2010 - 1,720,000

   2011 - 1,560,000

   2012 - 2,100,000

   2013 - 1,850,000

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

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