Microsoft Excel Was Used to Obtain the Following Quadratic Trend

question 40

Short Answer

Microsoft Excel was used to obtain the following quadratic trend equation:
Sales = 100 - 10X + 15X².
The data used was from 1999 through 2008, coded 0 to 9. The forecast for 2009 is ________.

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Definitions:

Mutual Mistake

A situation where all parties to a contract have a shared misunderstanding about a fundamental fact of the agreement.

Material Effect

A significant impact or change to a business or financial situation, often requiring disclosure to stakeholders.

Agreement

An understanding or arrangement reached between two or more parties, either formally or informally.

Enforce

Refers to the act of compelling observance or compliance with a law, rule, or obligation.