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The Equation of the Trend Line for the Data Based

Question 29

Multiple Choice

The equation of the trend line for the data based on sales (in $1000) of a local restaurant over the years 2005-2010 is Sales= -265575+132.571*year.Using the trend line, the forecast sales for the year 2012 is ________


A) $1,157.85
B) $1,157,850
C) $132,571
D) $2,673,304
E) $1,000,327

Correct Answer:

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