Company has developed linear trend equation

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Reference no: EM132107955

A company has developed a linear trend equation that can be used to predict annual sales of its product.

Ft = 100 + 12t

Where

Ft = Annual Sales

t is in years

A. Are annual sales increasing or decreasing? By how much?

B. Predict annual sales for year 5 using the equation.

Reference no: EM132107955

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