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    Exam 18: Time Series and Forecasting
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    The Following Linear Trend Equation Was Developed for the Annual
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The Following Linear Trend Equation Was Developed for the Annual

Question 70

Question 70

Multiple Choice

The following linear trend equation was developed for the annual sales of the Jordan Manufacturing Company. The following linear trend equation was developed for the annual sales of the Jordan Manufacturing Company.   = 500 + 60t (in thousand $) . At what rate are sales increasing? A) $60,000 per year B) $6,000 per month C) $500,000 per year D) $6,000 per year = 500 + 60t (in thousand $) . At what rate are sales increasing?


A) $60,000 per year
B) $6,000 per month
C) $500,000 per year
D) $6,000 per year

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