Exam Name: | Fundamentals of Business Economics | ||
Exam Code: | BA1 Dumps | ||
Vendor: | CIMA | Certification: | CIMA Certificate |
Questions: | 468 Q&A's | Shared By: | phoenix |
Based on historical time series data, a chemicals company uses sales ($million) as the y variable and time (year) as the x variable and equation.
y = - 3935 47 + 2 02x
Using the equation, what is the company's predicted sales for the year 2020? Give your answer to the nearest million.
Which of the following is correct regarding data?
Data can be recorded as:
(1) numbers.
(2) symbols.
(3) raw facts.