The Average Monthly Sales $y$ (In Billions of Dollars) in Retail Trade in the United

question 70

Multiple Choice

The average monthly sales $y$ (in billions of dollars) in retail trade in the United States from 1996 to 2005 can be approximated by the model $y = 22 + 117 \ln t,$ $6 \leq t \leq 15$ where $t$ represents the year, with $t = 6$ corresponding to 1996. Estimate the year in which the average monthly sales first exceeded $310 billion.

• A)2001
• B)2004
• C)2002
• D)2000
• E)1996

---

Definitions:

Recommendation

Advice or suggestions offered based on analysis or expertise, intended to guide decisions or actions.

Evaluative Reports

Documents that assess the performance, value, or quality of a project, program, or employee.

Range Of Reports

The variety of documented accounts or statements covering different topics or areas of study.

Survey Duration

The length of time it takes to complete a survey, affecting both the participant's experience and the quality of data collected.