The following linear trend equation was developed for the annual sales - 6545

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The following linear trend equation was developed for the annual sales of the Tractor Manufacturing Company. Y' = 355 + 50t (in $ thousands). How much are sales increasing by?

A.   $50,000 per year

B.   $5,000 per month

C.   $6,000 per year

D.   $500,000 per year

Solution Description

The following linear trend equation was developed for the annual sales of the Tractor Manufacturing Compan