Loose-leaf For Applied Statistics In Business And Economics
Loose-leaf For Applied Statistics In Business And Economics
5th Edition
ISBN: 9781259328527
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Chapter 14, Problem 11CE

a.

To determine

Plot both Swiss watch time series on the same graph.

b.

To determine

Describe the trend and discuss possible causes.

c.

To determine

Fit exponential trend to the each time series.

d.

To determine

Interpret each fitted trend and write the conclusion.

e.

To determine

Make forecasts for next three years, using the liner trend model.

Explain the reason for 2009 being unusual.

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Loose-leaf For Applied Statistics In Business And Economics

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