If the sales data from 2011-2015 had been: 1024, 1499, 1589, 1813, and 1970, using Linear Regression - what would the projected sales figure for 2016 be? What assumption is made when you use Linear Regression for projecting next year's sales? Do you think this is a good method for projecting next year's sales - explain?
This question was answered on: May 23, 2022
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