Professor Very Busy Needs to Allocate Time Next Week to Include

question 93

Multiple Choice

Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data:
What is this week's forecast using the least squares trend line for these data?

• A) 49
• B) 50
• C) 52
• D) 65
• E) 78

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Definitions:

Revenues

The total amount of money received by a company from its various activities, typically from sales of goods or services, before any expenses are subtracted.

Creativity

The capacity to generate unique and inventive concepts, or to create something innovative and imaginative.

Action Orientation

A proactive attitude that focuses on taking immediate and decisive steps towards achieving goals.

Serial Entrepreneurs

Individuals who continuously come up with new ideas and start new businesses, often moving from one venture to the next, typically experiencing various levels of success.