Question: Using regression software the estimated linear trend model is Sales = 1322 + 50.7x where x is the number of quarters elapsed since the beginning

Using regression software the estimated linear trend model is

Sales = 1322 + 50.7x

where x is the number of quarters elapsed since the beginning of the series. Based on this equation, we estimate that on average sales increase by

Question options:

50.7 million dollars per year.

1322 million dollars per quarter.

1372.7 million dollars per quarter.

50.7 million dollars per quarter

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