[Solved] Below is a list of sales. Year 1 2 3 4 5 6 7 Sales 20 25 30 33 39 43 51 For 5 points each, answer the following questions: Graph this time series.

Question: Below is a list of sales.

Year 1 2 3 4 5 6 7

Sales 20 25 30 33 39 43 51

For 5 points each, answer the following questions:

Graph this time series. Does a linear trend appear?
Develop the equation for the linear trend component for the time series.
Use the linear trend developed in part (b) to prepare a forecast for sales in year 8.

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[Solved] Below is a list of sales. Year 1 2 3 4 5 6 7 Sales 20 25 30 33 39 43 51 For 5 points each, answer the following questions: Graph this time series.

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