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The Trend Equation for Annual Sales Data (In Millions of Dollars)

Question 4

Multiple Choice

The trend equation for annual sales data (in millions of dollars) is  The trend equation for annual sales data (in millions of dollars)  is   =65+2.5 t  , where t = 1 for 2000. The monthly seasonal index for December is 0.97. The forecast sales for December of 2009 is: A)  90.0. B)  7.28. C)  7.50. D)  7.69. =65+2.5t=65+2.5 t , where t = 1 for 2000. The monthly seasonal index for December is 0.97. The forecast sales for December of 2009 is:


A) 90.0.
B) 7.28.
C) 7.50.
D) 7.69.

Correct Answer:

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