SCENARIO 16-6 The President of a Chain of Department Stores Believes That

question 107

Short Answer

SCENARIO 16-6
The president of a chain of department stores believes that her stores' total sales have been showing a linear trend since 1993.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 1993 is coded as 0,1994 is coded as 1,etc.

-Referring to Scenario 16-6,the forecast for sales (in millions of dollars)in 2013 is .

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Definitions:

Canine Tooth

The pointed tooth found in the mouth of mammals that sits between the incisors and premolars, used for tearing food.

Papillae

Small, nipple-like structures on the tongue's surface that contain taste buds and aid in the sense of taste.

Taste Buds

Sensory organs located on the tongue and other parts of the mouth, which are responsible for detecting and transmitting tastes to the brain.

Gingivitis

A common and mild form of gum disease (periodontal disease) that causes irritation, redness, and swelling (inflammation) of the gingiva, the part of the gum around the base of the teeth.