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A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Cream.
A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Cream.
Ft= 95 + 18t
Where
Ft = Annual sales (000 bottles)
t is in years
(All answers should be expressed in units and not thousands of units.)
a. Are annual sales increasing or decreasing? By how much?
b. Predict annual sales for year 5 using the equation.
please explain step by step
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