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A Company Has Recorded Annual Sales for the Past 14

Question 11

Multiple Choice

A company has recorded annual sales for the past 14 years and found the following linear trend model: 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. = 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.

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