SCENARIO 16-7 The Executive Vice-President of a Drug Manufacturing Firm Believes That

question 69

Short Answer

SCENARIO 16-7
The executive vice-president of a drug manufacturing firm believes that the demand for the firm's most popular drug has been evidencing an exponential trend since 1999.She uses Microsoft Excel to obtain the partial output below.The dependent variable is the log base 10 of the demand for the drug,while the independent variable is years,where 1999 is coded as 0,2000 is coded as 1,etc.

-Referring to Scenario 16-7,the forecast for the demand in 2013 is .

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