The Consumer Confidence Index attempts to measure peoples feelings about general business conditions, employment opportunities, and their

Question:

The Consumer Confidence Index attempts to measure people’s feelings about general business conditions, employment opportunities, and their own income prospects

a. Generate a time series plot for the annual average values of the CCI for the period 1967-1996. The data are in the file P2_28.XLS.

b. Is it possible to say that U.S. consumers are more or less confident as we move out of the present decade?

c How would you explain recent variations in the overall trend of the CCI?

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Managerial Statistics

ISBN: 9780534389314

1st Edition

Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe

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