The Following Linear Trend Equation Was Developed for Annual Sales

question 40

Multiple Choice

The following linear trend equation was developed for annual sales from 2005 to 2009, with 2005 as the base year. Ŷ = 500 + 60t (in $thousands) . What are the estimated sales for 2010 (in $thousands) ?

• A) $500
• B) $860
• C) $1,040
• D) $1,100

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