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The Following Linear Trend Equation Was Developed for the Annual

Question 26

Multiple Choice

The following linear trend equation was developed for the annual sales of the Jordan Manufacturing Company. ŷ = 500 + 60t ($000) . How much are sales increasing?


A) $60,000 per year
B) $6,000 per month
C) $500,000 per year
D) $6,000 per year
E) $500 per month

Correct Answer:

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