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Use the Data Given Below to Answer the Following Question(s)

Question 3

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Use the data given below to answer the following question(s) .
The worldwide sales of cars from 1981-1990 are shown in the table below.Given: α = 0.2 and β = 0.15 (Hint: Use XLMiner)
 Year  Units sold in  thousands 198188819829001983100019841200198511001986130019871250198811501989110019901200\begin{array}{|c|c|}\hline \text { Year } & \begin{array}{c}\text { Units sold in } \\\text { thousands }\end{array} \\\hline 1981 & 888 \\\hline 1982 & 900 \\\hline 1983 & 1000 \\\hline 1984 & 1200 \\\hline 1985 & 1100 \\\hline 1986 & 1300 \\\hline 1987 & 1250 \\\hline 1988 & 1150 \\\hline 1989 & 1100 \\\hline 1990 & 1200 \\\hline\end{array}
-Which of the following equations is the trend line equation for the given data?


A) 60.123x + 481.56
B) 48.16x + 481.86
C) 32.17x + 931.87
D) 57.15x + 503.81

Correct Answer:

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