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Thursday, April 18, 2024 4:05:39 PM
I'm expecting revenue between $95K and $150K
Using the IBM definition of Linear Regression for those who are NOT familiar with it:
Taken from
https://www.ibm.com/topics/linear-regression
So X is what I called the coefficient and is the independent variable since it is incremented by 1 each quarter
Y is the dependent variable and represents the Revenue which is analyze by the formulas generated
in the from Y = MX + B
UTILIZING THE Y = MX + B DERIVED FROM THE 11 COEFFICIENTS to Estimate the 1st Quarter Revenue
Using Y=MX + B For the 3 Years, if SRMX performs like the last 3 years
Revenue = 5137*Coefficient - 14463
Revenue = 5137*12 - 14463 = $47,181
Using Y=MX + B For the 2 Years, if SRMX performs like the last 2 years
Revenue = 9813*Coefficient - 53634
Revenue = 9813*12 - 53634 = $64,122
Using Y=MX + B For the 1 year, if SRMX performs like the last year
Revenue = 35926*Coefficient - 307578
Revenue = 35926*12 - 307578 = $123,534
GO SRMX(TCCI)$
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