A Trend Line Has Been Fitted to a Company's Annual

question 105

Multiple Choice

A trend line has been fitted to a company's annual sales. The trend is given by y_t = 50 + 5t, where t is the time index (t = 1, 2, …, n) and y_t is annual sales (in millions of dollars) . The implication of this trend line is:

• A)sales will increase by $5 million every year.
• B)sales increase exactly 5 percent every year.
• C)sales increase on the average 5 percent per year.
• D)sales increase on the average $5 million per year.

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Definitions:

Persuasive Message

A communication designed to influence or convince the reader or listener to adopt a specific viewpoint or to take a particular action.

Audience's Attitudes

The collection of beliefs, values, and opinions held by an audience that influences their response to a particular message or media content.

Indirect Approach

A strategy that involves addressing an issue or objective in a roundabout way, often to soften the message or navigate sensitive topics.

Persuasive Messages

Communications designed to influence or convince the audience towards a particular viewpoint or action.