Question 1805 The sales records of a company over a period o

{Question 18.05}

The sales records of a company over a period of seven years are shown below.

Develop a linear trend expression for the above time series.
Tt =________ + ________t

Forecast sales for period 10.
$ ________

Solution

t=14.4643+1.4643t

forecasted value is

t=14.4643+1.4643*10=28.10.

{Question 18.05} The sales records of a company over a period of seven years are shown below. Develop a linear trend expression for the above time series. Tt =_

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