Multiple Choice
A company has recorded annual sales for the past 14 years and found the following linear trend model: = 5.23 + 144.60t.This means that:
A) on average sales are increasing by of 5.23 per year.
B) on average sales are increasing by of 144.6 per year.
C) there is a seasonal component in the data.
D) sales in year 1 were 5.23.
Correct Answer:

Verified
Correct Answer:
Verified
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