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The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. Because we are forecasting four years into the future, you will need to use linear regression as your forecasting method. (Enter your answers in millions.) YEAR 1 2 3 4 5 6 7 8 9 10 11 Period 12-13|14|15 REVENUE (MILLIONS) $4,869.0 5,072.0 5,509.9 5,729.6 5,498.0 5,188.2 $5,093.2 5,113.6 5,558.7 5,730.0 5,862.3 Forecast

The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. Because we are forecasting four years into the future, you will need to use linear regression as your forecasting method. (Enter your answers in millions.) YEAR 1 2 3 4 5 6 7 8 9 10 11 Period 12-13|14|15 REVENUE (MILLIONS) $4,869.0 5,072.0 5,509.9 5,729.6 5,498.0 5,188.2 $5,093.2 5,113.6 5,558.7 5,730.0 5,862.3 Forecast

MATLAB: An Introduction with Applications
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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The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. Because we are forecasting four years into the future, you will need to use linear regression as your forecasting method. (Enter your answers in millions.) YEAR 1 2 3 4 5 6 7 8 9 10 11 Period 12 13|14|15 REVENUE (MILLIONS) $4,869.0 5,072.0 5,509.9 5,729.6 5,498.0 5,188.2 $5,093.2 5,113.6 5,558.7 5,730.0 5,862.3 Forecast
Transcribed Image Text:The following are sales revenues for a large utility company for years 1 through 11. Forecast revenue for years 12 through 15. Because we are forecasting four years into the future, you will need to use linear regression as your forecasting method. (Enter your answers in millions.) YEAR 1 2 3 4 5 6 7 8 9 10 11 Period 12 13|14|15 REVENUE (MILLIONS) $4,869.0 5,072.0 5,509.9 5,729.6 5,498.0 5,188.2 $5,093.2 5,113.6 5,558.7 5,730.0 5,862.3 Forecast
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