Compute a simple index for the number of employees for GE. Use 2004 as the base period.

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Compute a simple index for the number of employees for GE. Use 2004 as the base period. What can you conclude about the change in the number of employees over the period?

Employees (000) Revenue Revenue ($ mllon) 150 147 147 146 149 151 Employees ($ milllon) Year Year (000) 325 307 316 319

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Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

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Question Posted: Jul 11, 2018 01:08 PM

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Compute a simple index for the number of employees for GE. Use 2004 as the base period.

Question:

Employees (000) Revenue Revenue ($ mllon) 150 147 147 146 149 151 Employees ($ milllon) Year Year (000) 325 307 316 319 327 323 2010 2011 2012 2004 2005 2006 134 304 287 301 307 305 152 157 2007 2013 2014 168 177 183 2008 2009 2015 333

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Number of employees increased about 6 until 2008 a...View the full answer

Statistical Techniques in Business and Economics

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