Intergrated products corporation (IPC) needs to estimate its sales for next year. the most recent six years of revenue data for the company's line of XT computers is found in the table below;yearsales revenue (number of products)yearsales revenue ( number of products12.4427.825.9535.9315.5638.1a) assuming that the sales data above are representative of sales expected next year, use time series regression analysis to forecast next year's (year 7's ) sales revenues.b) deter

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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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Intergrated products corporation (IPC) needs to estimate its sales for next year. the most recent six years of revenue data for the company's line of XT computers is found in the table below;

year	sales revenue (number of products)	year	sales revenue ( number of products
1	2.4	4	27.8
2	5.9	5	35.9
3	15.5	6	38.1

a) assuming that the sales data above are representative of sales expected next year, use time series regression analysis to forecast next year's (year 7's ) sales revenues.

b) deter

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