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TABLE 16-8
the President of a Chain of Department Stores

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TABLE 16-8
The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1980. She uses Microsoft Excel to obtain the partial output below. The dependent variable is sales (in millions of dollars), while the independent variable is coded years, where 1980 is coded as 0, 1981 is coded as 1, etc.
SUMMARY OUTPUT
 Regression Statistics  Multiple R 0.604 RSquare 0.365 Adjusted R Square 0.316 Standard Error 4.800 Observations 17\begin{array}{lr}\text { Regression Statistics } & \\\text { Multiple R } & 0.604 \\\text { RSquare } & 0.365 \\\text { Adjusted R Square } & 0.316 \\\text { Standard Error } & 4.800 \\\text { Observations } & 17\end{array}

 Coefficients  Intercept 31.2 Coded Year 0.78\begin{array}{lc} & \text { Coefficients } \\\text { Intercept } & 31.2 \\\text { Coded Year } & 0.78\end{array}

-Referring to Table 16-8, the forecast for sales (in millions of dollars) in 2005 is ______.


Definitions:

Spores

Asexual reproductive or resting cells capable of developing into a new organism without fusion with another cell, often seen in bacteria, fungi, and plants.

Haploid Spores

Single-celled reproductive units produced by plants, fungi, and some protozoa that contain only one set of chromosomes, leading to genetic diversity.

Capsule

A form of glycocalyx that consists of a gelatinous layer; found in blue-green algae and certain bacteria.

Moss

Bryophyte that is typically found in moist habitats.

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