A company has recorded annual sales for the past 14 years and found the following linear trend model:
A) on average sales are increasing by of 5.23 per year.
B) on average sales are increasing by of 144.6 per year.
C) there is a seasonal component in the data.
D) sales in year 1 were 5.23.

Question

A company has recorded annual sales for the past 14 years and found the following linear trend model: 
A) on average sales are increasing by of 5.23 per year. 
B) on average sales are increasing by of 144.6 per year. 
C) there is a seasonal component in the data. 
D) sales in year 1 were 5.23.

Quizplus · Accepted Answer

The Answer of A company has recorded annual sales for the past 14 years and found the following linear trend model: 
A) on average sales are increasing by of 5.23 per year. 
B) on average sales are increasing by of 144.6 per year. 
C) there is a seasonal component in the data. 
D) sales in year 1 were 5.23.

A Company Has Recorded Annual Sales for the Past 14