Apply Regression to the Data Shown Below

question 6

Multiple Choice

Apply regression to the data shown below.The forecast for next January's sales is:

• A)150.0
• B)477.3
• C)450.0
• D)Not enough information is given to make a forecast

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Definitions:

Noncumulative

Describes dividends on preferred stock that, if not paid in the year they are due, do not accumulate and are not required to be paid in later years.

Par Value

A terminology indicating the official value of a security as outlined in the document at the time of its issue.

Dividend

A distribution of earnings given by a company to its stockholders, typically from its profits.

Par Value

The face value of a bond or stock as stated by the issuing company, often the minimum amount the security can be sold for.