Multiple Choice
Exhibit 18.3.The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011.
Excel scatterplot shown above indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression.
Refer to Exhibit 18.3.What is the revenue forecast for 2012 found by the linear trend equation?
A) About 2 billion 149 million dollars
B) About 2 billion and 189 million dollars
C) About 2 billion and 334 million dollars
D) About 2 billion and 34 million dollars
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Exhibit 18.3.The following table shows the annual
Q22: Exhibit 18.3.The following table shows the annual
Q23: Exhibit 18.7.The following table shows the annual
Q24: If T denotes the number of observations,which
Q25: Exhibit 18.1.The past monthly demands are shown
Q27: Exhibit 18.4.The following ratio-to-moving averages for the
Q29: When a time series is analyzed by
Q30: When comparing which of the following trend
Q31: Exhibit 18.5.Based on quarterly data collected over
Q76: Under which of the following conditions is