a)Create a scatter chart of research and development vs. sales (YEAR 2012 TO 2017) and add a linear trend line. Does there appear to be a consistent trend in this relationship?
a)Recalculate the percentage of sales income statement, but this time use the Trend function to forecast cost of goods sold, research and development, and Other S, G&A expenses.
b)Recalculate the percentage of sales balance sheet, but this time use the Trend function to forecast cash, short-term investments, other current assets, gross plant and equipment, other assets, other long term assets, short term debt and current portion of LT debt, and other current liabilities.
c)Interpretation: Please use the regression tool to verify your results from part a). Is the trend statistically significant? Use at least three methods to show why or why not (INTERPRET THE SUMMARY OUTPUT BASED ON WHAT WE HAVE SEEN IN OUR CLASS EXERCISE- F-VALUE; P-VALUE- ADJ R ^2, COEFFICIENT, CONFIDENCE LEVEL OF 95%) in the “interpretation†tab. If you do not complete this section with your words or leave the interpretation tab as a blank, you receive 0 point in this HW.
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