Please use equation provided to answer the question. There is no data required to answer the question.

a. Intepret the Y-intercept, b0. Which statement below is the interpretation of the Y-intercept? L" A. The Y-intercept b0 = 0.2 reects the predicted net sales in 1964. * B. The Y-intercept b0 = 1.7 reects the predicted net sales in 1964. C. The Y-intercept b0 = 0.2 indicates that sales are predicted to increase by $0.2 billion/year. D. The Y-intercept b0 =1.7 indicates that sales are predicted to increase by $1.7 billion/year. b. Intepret the slope, b1. Which statement below is the interpretation of the slope? A. The slope b1 = 0.2 reflects the predicted net sales in 1964. at B. The slope b1 =1.7 indicates that sales are predicted to increase by $1.7 billion/year. * C. The slope b1 = 0.2 indicates that sales are predicted to increase by $0.2 billion/year. D. The slope b1 =1.7 reflects the predicted net sales in 1964. c. What is the tted trend value for the eighth year? $ 3.1' billion (Simplify your answer.) d. What is the fitted trend value for the most recent year? $ 9.7 billion (Simplify your answer.) e. What is the projected trend forecast five years after the last value? $ 3 billion (Simplify your answer.)The linear trend forecasting equation for an annual time series containing 36 values (from 1970 to 2005) on net sales (in billions of dollars) is shown below. Complete (a) through (e) below. '7: =3.8+ 0.1xi