Use the Data Given Below to Answer the Following Question(s)

question 3

Multiple Choice

Use the data given below to answer the following question(s) .
The worldwide sales of cars from 1981-1990 are shown in the table below.Given: α = 0.2 and β = 0.15 (Hint: Use XLMiner)
$\begin{array}{|c|c|}\hline \text { Year } & \begin{array}{c}\text { Units sold in } \\\text { thousands }\end{array} \\\hline 1981 & 888 \\\hline 1982 & 900 \\\hline 1983 & 1000 \\\hline 1984 & 1200 \\\hline 1985 & 1100 \\\hline 1986 & 1300 \\\hline 1987 & 1250 \\\hline 1988 & 1150 \\\hline 1989 & 1100 \\\hline 1990 & 1200 \\\hline\end{array}$
-Which of the following equations is the trend line equation for the given data?

• A)60.123x + 481.56
• B)48.16x + 481.86
• C)32.17x + 931.87
• D)57.15x + 503.81

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Definitions:

Merchandise

Goods that are bought and sold within a market or industry.

Collect Like Terms

The process in algebra of combining terms that have the same variables raised to the same power to simplify expressions or equations.

Collect Like Terms

The method in algebra which involves merging terms that possess identical variables elevated to the same exponent.

Operation Indicated

The execution of a computational or algebraic process as prescribed by mathematical or operational signs.