The following are sales revenues for a large utility company for years 1 through 11 . Forecast revenue for years 12 through 15 . Because we are forecasting four years into the future, you will need to use linear regression as your forecasting method.
Year Revenue (millions)
1 $4,865.9
2 5,067.4
3 5,515.6
4 5,728.8
5 5,497.7
6 5,197.7
7 5,094.4
8 5,108.8
9 5,550.6
10 5,738.9
11 5,860.0
