The following linear trend equation was developed for the annual sales - 6739

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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 of dollars. How much are sales increasing by? 

A.  $50,000 per year 

B.  $5,00 per month 

C.  $500,000 per year 

D.  $6,000 per year 

 
Solution Description

The following linear trend equation was developed for the annual sales of the Tractor Manufacturing Company. Y' = 355 + 50t in thousa