From an annual time series of a company's sales the linear trend model F_t = 127 + 54(t)has been developed.This means that on average sales have been increasing by 127 per year.

Question

Quizplus · Accepted Answer

The linear trend model indicates that sales have been increasing by 54 units per year, as 54 is the coefficient of the time variable t, representing the average annual increase.

From an Annual Time Series of a Company's Sales the Linear