Multiple Choice
The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011.
The scatterplot indicates that the annual revenues have an increasing trend. Linear, exponential, quadratic, and cubic models were fit to the data starting with t = 1, and the following output was generated.
Which of the following is a revenue forecast for 2012 found by the exponential trend equation?
A) About 2 billion and 334 million dollars
B) About 2 billion and 189 million dollars
C) About 2 billion and 141 million dollars
D) About 2 billion and 34 million dollars
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following is not true
Q4: Based on quarterly data collected over the
Q5: When the model y<sub>t</sub> = T<sub>t</sub> ×
Q6: The past monthly demands are shown below.
Q7: Given the estimated model <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6618/.jpg" alt="Given
Q9: _ patterns are caused by the presence
Q10: The following table shows the annual revenues
Q11: The linear trend model, <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6618/.jpg" alt="The
Q12: When a time series is analyzed by
Q13: When comparing which of the following trend