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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