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For the Data (0,1000),(1,1500),(2,2000),(3,2500),(4,3000),(5,3500)(0,1000),(1,1500),(2,2000),(3,2500),(4,3000),(5,3500) , Where the First Number in Parenthesis Is

Question 59

Multiple Choice

For the data (0,1000) ,(1,1500) ,(2,2000) ,(3,2500) ,(4,3000) ,(5,3500) (0,1000) ,(1,1500) ,(2,2000) ,(3,2500) ,(4,3000) ,(5,3500) , where the first number in parenthesis is tt and the second number is the actual demand, if we fit a trend line of the form yt=a+bty t=a+b t , the value of b obtained using the appropriate formulae is


A) 0
B) 500
C) 1000
D) 1500
E) 2000

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