The Following Linear Trend Equation Was Developed for Annual Sales

question 90

Multiple Choice

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

---

Definitions:

Electoral College

A body of electors established by the United States Constitution, tasked with electing the president and vice president based on the popular vote in each state.

Criminal Activity

Acts or behaviors that are punishable by law because they violate existing statutes or legal standards.

Government

The governing body of a nation, state, or community, responsible for making and enforcing laws and policies.

Pluralist Theory

The political theory that society is composed of multiple groups and centers of power, which compete and negotiate with each other to influence policymaking and outcomes.