If a trend line is given as Demand = 55 + 7.8(Time) then what is the predicted demand when Time equals 0?
A) 55
B) 62.8
C) 133
D) The predicted demand cannot be determined from the information given

Name: If a trend line is given as Demand = 55 + 7.8(Time) then what is the predicted demand when Time equals 0? A) 55 B) 62.8 C) 133 D) The predicted demand cannot be determined from the information given
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Question

Quizplus · Accepted Answer

The predicted demand when Time equals 0 is simply the intercept value, which is 55.

If a Trend Line Is Given as Demand = 55