Business Analytics

The linear trend forecasting equation for an annual time series containing44values (om1964t0200?) on net sales (in billions ofdollars} is shown below. Complete (a) through (e) below. A \"('i=3.1+1.9)(i a. Intepret the Yeintercept, b. Which statement below is the interpretation of the 'r'eintercept'l H. "he Yintercept \"0 =3.1 indicates that sales are predicted to increase by $3.1 billionfyear. _LlJ "he Yintercept bu =1.9 indicates that sales are predicted to increase by $1.9 billionfyear. 5::- C. "he Yeintercept bu =1.9 reects the predicted net sales in 196-4. 55'). "he Yintercept bu =3.1 reects the predicted net sales in 196:1. b. Intepret the slope, b1. Which statement below is the interpretation of the slope? O A. "he slope b1 =3.1 reects the predicted net sales in 1954. O B. "he slope b1 =1.9 indicates that sales are predicted to increase by $1.9 billionfyear. O C. "he slope b1 =3.1 indicates that sales are predicted to increase by $3.1 billionfyear. O D. "he slope b1 =1.9 reects the predicted net sales in 1954