The Trend Equation for Annual Sales Data (In Millions of Dollars)

question 4

Multiple Choice

The trend equation for annual sales data (in millions of dollars) is $=65+2.5 t$ , where t = 1 for 2000. The monthly seasonal index for December is 0.97. The forecast sales for December of 2009 is:

• A) 90.0.
• B) 7.28.
• C) 7.50.
• D) 7.69.

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Definitions:

Hobbes

An English philosopher best known for his political philosophy, especially regarding the structure of society and legitimate government authority.

Locke

John Locke was an English philosopher and physician regarded as one of the most influential of Enlightenment thinkers, known for his contributions to political theory and epistemology.

Rousseau

Jean-Jacques Rousseau was a Genevan philosopher, writer, and composer of the 18th century, known for his influential works on philosophy, education, and political theory.

Baseline Principles

Fundamental guidelines or norms that serve as a starting point for further development or evaluation.