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The Sales Volumes of CMM, Inc

Question 65

Essay

The sales volumes of CMM, Inc., a computer firm, for the past 8 years is given below. The sales volumes of CMM, Inc., a computer firm, for the past 8 years is given below. a.Develop a linear trend expression for the above time series. b.Forecast sales for period 9.
a.Develop a linear trend expression for the above time series.
b.Forecast sales for period 9.

Correct Answer:

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a.Tt = 0.92...

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