The Equation of the Trend Line for the Data Based

question 29

Multiple Choice

The equation of the trend line for the data based on sales (in $1000) of a local restaurant over the years 2005-2010 is Sales= -265575+132.571*year.Using the trend line, the forecast sales for the year 2012 is ________

• A)$1,157.85
• B)$1,157,850
• C)$132,571
• D)$2,673,304
• E)$1,000,327

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Definitions:

Title

Legal ownership and right to the use of property.

Warranty

is a guarantee provided by a seller or manufacturer regarding the condition, quality, or performance of a product.

Surprise

An unexpected or astonishing event, fact, or thing that takes someone unawares.

Ambiguous

Describes statements or terms that are unclear or have multiple interpretations, often leading to confusion or misunderstanding.