If a trend line is given as Demand = 135

Name: If a trend line is given as Demand = 135 - 14(Time) then what is the slope of the trend line? A) 121 B) 135 C) -14 D) The slope cannot be determined from the information given
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Question

If a trend line is given as Demand = 135 - 14(Time) then what is the slope of the trend line?
A) 121
B) 135
C) -14
D) The slope cannot be determined from the information given

Quizplus · Accepted Answer

The slope of the trend line is the coefficient of the independent variable (time), which in this case is -14. Therefore, the answer is C.