Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Textbook Question
Chapter 1, Problem 14SE
The following data show the number of rental cars in service for three rental car companies: Hertz, Avis, and Dollar, over a four-year period.
- Construct a time series graph for the years 1 to 4 showing the number of rental cars in service for each company. Show the time series for all three companies on the same graph.
- Comment on who appears to be the market share leader and how the market shares are changing over time.
- Construct a bar chart showing rental cars in service for Year 4. Is this chart based on cross-sectional or time series data?
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The following data show the number of rental cars in service for three rental car corporations: Henz, Avis and Dollar. The data are for the years 2007-2010 and are in thousands of vehicles (auto Rental News website, May 15, 2011)
Company
2007
2008
2009
2010
Hentz
327
311
286
290
Dollar
167
140
106
108
Avis
204
220
300
270
Construct a time series graph for years 2007 and 2010 showing the number of rental cars service for each company. Show the time series for all three companies on the same graph
Comment on who appears to be the market share leaders and how market shares are changing over time.
Construct a bar chart showing rental cars in service for 2010. Is this chart based on cross sectional or time series data?
The following chart shows student population in a certain elementary school over a 5 year period.
The following is a time series for the last 6 months of 2016
50 54 65 58 70 68
The three (3) months moving totals are:
Chapter 1 Solutions
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Ch. 1 - 1. Discuss the differences between statistics as...Ch. 1 - 2. Tablet PC Comparison provides a wide variety of...Ch. 1 - 3. Refer to Table 1.6.
What is the average cost...Ch. 1 - 4. Table 1.7 shows data for eight cordless...Ch. 1 - 5. Refer to the data set in Table 1.7.
What is the...Ch. 1 - 6. J.D. Power and Associates surveys new...Ch. 1 - 7. The Kroger Company is one of the largest...Ch. 1 - 8. The Tennessean, an online newspaper located in...Ch. 1 - 9. The Commerce Department reported receiving the...Ch. 1 - 10. The Bureau of Transportation Statistics...
Ch. 1 - 11. In a Gallup telephone survey conducted on...Ch. 1 - 12. The Hawaii Visitors Bureau collects data on...Ch. 1 - Figure 1.10 provides a bar chart showing the...Ch. 1 - The following data show the number of rental cars...Ch. 1 - The U.S. Census Bureau tracks sales per month for...Ch. 1 - 17. A manager of a large corporation recommends a...Ch. 1 - 18. A random telephone survey of 1021 adults (aged...Ch. 1 - 19. A Bloomberg Businessweek North American...Ch. 1 - 20. A survey of 131 investment managers in...Ch. 1 - 21. A seven-year medical research study reported...Ch. 1 - Prob. 22SECh. 1 - Pew Research Center is a nonpartisan polling...Ch. 1 - 24. A sample of midterm grades for five students...Ch. 1 -
Table 1.8 shows a data set containing information...
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