The following linear trend equation was developed for annual sales from 1995 to 2001 with 1995 the
Base or zero year. ŷ = 500 + 60t ($000). What are the estimated sales for 2005 ($000)?
A) $500
B) $560
C) $600
D) $1,040
E) $1,100

Name: The following linear trend equation was developed for annual sales from 1995 to 2001 with 1995 the Base or zero year. ŷ = 500 + 60t ($000). What are the estimated sales for 2005 ($000)? A) $500 B) $560 C) $600 D) $1,040 E) $1,100
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Question

Quizplus · Accepted Answer

$1,100

The Following Linear Trend Equation Was Developed for Annual Sales