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A car dealer uses the following trend equation to estimate the number of cars sold each quarter
Y = 120 + 3t
Where y = number of cars sold each quarter and t = time period expressed in units
What is the forecasted number of cars sold in period 12. if there is an additive seasonal factor of 55?
Company GHI wishes to develop a linear model for forecasting tractor sales based on the number of sales people it employs. In the model, tractor sales will be the dependent variable and the number of sales people the independent variable
The company has collected sales data from each of its branches over the past year which has been reported below:
The following scatter diagram displays the total life expectancy in years on the X axis and GDP per capita (constant 2000 S) on the Y axis, in Country S for the past 40 years. Which of the following statements is true in respect of the graph?
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TESTED 27 Jul 2024
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