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The Manager of a Lingerie Store Believed That Her Store

Question 93

Essay

The manager of a lingerie store believed that her store profits were following an exponential trend.She used statistical software to obtain the following prediction equation of profits: log10(Profits)= 2 + 0.4X.The data she used were from 2011 through 2016,coded 0 to 5.Find the forecast of 2017 profits.

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