The Equation of the Trend Line for the Data Based

question 8

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.The equation of the trend line when using 5 to 10 for 2005-2010 is ________

• A)-433+132.571x
• B)132,571x
• C)-97.284+132.571x
• D)-263571+433x
• E)2004+37.2x

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Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to infer properties of the population.

Timely Payments

Payments made within the agreed upon time frame as outlined in a contract or agreement.

Loans

A financial arrangement in which money is borrowed for a certain period of time, typically with interest.

Sampling Distribution

The probability distribution of a given statistic based on a random sample.