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The Equation of the Trend Line for the Data Based

Question 16

Multiple Choice

The equation of the trend line for the data based on sales (in $1000) of a local restaurant over the years 2005-2010 is Sales= -265575+132.571x where x is the year. Using the trend line, the forecast sales for the year 2012 is ___.


A) $1157.85
B) $1157850
C) $132571
D) $2673304
E) $1000327

Correct Answer:

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