The index of deflated turnover for retail trade shows the activity in volume of the retail trade
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Question:
The index of deflated turnover for retail trade shows the activity in volume of the retail trade sector. This index is reported with 2005= 100. The accompanying table holds the index for 43 countries for the years 2007 and 2010.
Find a regression model predicting the 2010 index from the index in 2007 for the sample of 43 countries.
Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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