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(Solved): The following are sales revenues for a large utility company for years 1 through 11 . Forecast reve ...
The following are sales revenues for a large utility company for years 1 through 11 . Forecast revenue for years 12 through 15 . Because we are forecasting four years into the future, you will need to use linear regression as your forecasting method. Note: use Excel "Data Analysis" to find out the values of "a" and " b " first in Y=a+b " X, where X is the Year, i.e. 1,2,3,4,……
5723 1. Year 12 5779 2. Year 13 5892 3. Year 14 4. Year 15 5835