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An Estimated First-Order Autoregressive Model for Stock Sales Is y~t=1,000+1.3yt−1\tilde { y } _ { t } = 1,000 + 1.3 y _ { t - 1 }

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An estimated first-order autoregressive model for stock sales is: y~t=1,000+1.3yt−1\tilde { y } _ { t } = 1,000 + 1.3 y _ { t - 1 } .If sales in 2011 were 12,000,the forecast of sales for 2012 is ____________________.

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