The Fitted Annual Sales Trend Is Y_t = 187

question 111

Multiple Choice

The fitted annual sales trend is Y_t = 187.3e^-.047t. On average, sales are:

• A)rising by an increasing absolute amount each year.
• B)rising by a declining absolute amount each year.
• C)falling by a declining absolute amount each year.
• D)falling by an increasing absolute amount each year.

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