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Statement of a problem № m646

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Listed below are the net sales (in millions of euros) for the Adidas Group from 2008 to 2012. Year Net Sales 2008 ........ 10,799 2009 ........ 10,381 2010 ........ 11,990 2011 ........ 13,332 2012 ........ 14,883 a. Determine the index for 2012, using 2008 as the base period. b. Use the period 2008 to 2010 as the base period and find the index for 2012. c. With 2008 as the base year, use the least squares method to find the trend equation. What is the estimated consolidated revenue for 2014? What is the rate of increase per year?

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