The sales volumes of CMM,Inc. ,a computer firm,for the past 8 years is given below.
a.Develop a linear trend expression for the above time series.
b.Forecast sales for period 9.
Definitions:
Clock Time
A form of time developed through industrialization in which time is no longer passed but spent. Time is a valuable currency that defines the employer–employee relationship and over which struggles occur.
Task Time
The duration specifically allocated or required to complete a particular task or activity.
Creative Class
A socioeconomic class theorized by Richard Florida, characterized by individuals engaged in work that requires creativity, innovation, and intellectual input.
Technology
The application of scientific knowledge for practical purposes, particularly in industry and in our daily lives, encompassing both tangible tools and intangible software.
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