Use the variables average ticket sale and number of associates to forecast net sales. Are these two

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Use the variables average ticket sale and number of associates to forecast net sales. Are these two independent variables reasonable predictors of net sales?


You will need the help of a software package such as Excel and perhaps a companion package such as MegaStat. For the years 1993 through 2020, the data include a coded time variable (1 through 26), the number of associates in thousands, net sales in millions of dollars, the average ticket sale, and the Consumer Price Index (CPI) for each year.

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Statistical Techniques In Business And Economics

ISBN: 9781265779696

19th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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