Answered: Anita Limited has shared their annual…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Anita Limited has shared their annual sales revenue over the last 6 financial years from 2015 to 2020.

Year	Sales ($ 000)
2015	4500
2016	5100
2017	4900
2018	5400
2019	5670
2020	6000

You are required to;

a) Using linear trend equation forecast the sales revenue of Anita Limited for 2021.

Note: See the formula sheet on the next page.

P.S.: I can't attach the formula sheet in this because it has variuos symbols, such as Sigma, log, x value etc. I uploaded the formula sheet and the question as well in the chat box. Please let me know if you need any more information.

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