Linear equations

[wls485]

If I forecasting for linear equations, what is the code? I am talking about financial forecasting. Simply, say, Sales = Sales(-1)*1.20 (20% constant growth rate)?

Any thoughts? Simple, yes. Stumped, unfortunately yes.

[startz]

If I forecasting for linear equations, what is the code? I am talking about financial forecasting. Simply, say, Sales = Sales(-1)*1.20 (20% constant growth rate)?

Any thoughts? Simple, yes. Stumped, unfortunately yes.

Believe it or not, the code is

Code: Select all

Sales = Sales(-1)*1.20

[wls485]

That was what I thought but, The error I get is: Equation or VAR specification incomplete.

[startz]

Type it into the command pane. This assumes you already have a variable named sales and that you have set the smpl to the range you wish to forecast.