The accompanying data indicate the number of mergers (x t ) that took place in a certain
Question:
The accompanying data indicate the number of mergers (xt) that took place in a certain industry over a 15-year period.
(a) Plot these data on a frequency polygon.
(b) What type of trend (linear or nonlinear) might best be fitted to this time series?
(c) Is there evidence of seasonal variation in this series?
Transcribed Image Text:
Year 1970 1971 1972 1973 1974 Xt 15 17 24 26 30 Year 1975 1976 1977 1978 1979 X1 41 85 90 110 125 Year 1980 1981 1982 1983 1984 X 148 203 249 280 307
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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