It has been suggested that sales for the company may be connected to disposable income. Using the information below regarding historical disposable income, predict the sales for 2020 using regression analysis if a reliable prediction for disposable income for 2020 is $21,200. Year Disposable Income 2013 $18,000 2014 $18,618 2015 $19,099 2016 $24,453 2017 $24,906 2018 $20,388 2019 $21,425 Year Sales 2013 $225,000 2014 $193,000 2015 $248,000 2016 $300,000 2017 $340,000 2018 $295,000 2019 $310,000
It has been suggested that sales for the company may be connected to disposable income. Using the information below regarding historical disposable income, predict the sales for 2020 using regression analysis if a reliable prediction for disposable income for 2020 is $21,200. Year Disposable Income 2013 $18,000 2014 $18,618 2015 $19,099 2016 $24,453 2017 $24,906 2018 $20,388 2019 $21,425 Year Sales 2013 $225,000 2014 $193,000 2015 $248,000 2016 $300,000 2017 $340,000 2018 $295,000 2019 $310,000
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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It has been suggested that sales for the company may be connected to disposable income. Using the information below regarding historical disposable income, predict the sales for 2020 using
| Year | Disposable Income |
|---|---|
| 2013 | $18,000 |
| 2014 | $18,618 |
| 2015 | $19,099 |
| 2016 | $24,453 |
| 2017 | $24,906 |
| 2018 | $20,388 |
| 2019 | $21,425 |
|
Year
|
Sales |
| 2013 | $225,000 |
| 2014 | $193,000 |
| 2015 | $248,000 |
| 2016 | $300,000 |
| 2017 | $340,000 |
| 2018 | $295,000 |
| 2019 | $310,000 |
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