Multiple Choice
The following linear trend equation was developed for the annual sales of the Jordan Manufacturing Company. Ŷ = 500 + 60t (in $thousands) . 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
Correct Answer:
Verified
Correct Answer:
Verified
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