A Time-Series Graph Shows That Annual Sales Data Have Grown

question 9

True/False

A time-series graph shows that annual sales data have grown gradually over the past 10 years.Given this,if a linear trend model is used to forecast future years' sales,the sign on the regression slope coefficient will be positive.

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Definitions:

Profit Margin

Profit margin is a financial metric used to assess a company's profitability by comparing net income to sales, indicating how much of each dollar in revenue a company keeps as profit.

Anticipated Amount

The anticipated amount is an estimate of funds expected to be received or paid in the future.

External Financing

Funds raised from sources outside the company, including banks, investors, or public markets.

Operating Capacity

The maximum output or the level of service that a company can achieve with its current resources under normal conditions.