The following linear trend equation is used to forecast annual sales in thousands of dollars. It is based on one-year periods of time series data with t = 0 in 2013. Forecast annual sales for 2020. Y' = 37 + 0.625t.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.2: Functions Given By Tables
Problem 2TU: Use the table of values you made in part 4 of the example to find the limiting value of the average...
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The following linear trend equation is used to forecast annual sales in thousands of
dollars. It is based on one-year periods of time series data with t = 0 in 2013.
Forecast annual sales for 2020. Y' = 37 + 0.625t.
Do NOT include any spaces or the $ sign in your answer.
Transcribed Image Text:The following linear trend equation is used to forecast annual sales in thousands of dollars. It is based on one-year periods of time series data with t = 0 in 2013. Forecast annual sales for 2020. Y' = 37 + 0.625t. Do NOT include any spaces or the $ sign in your answer.
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