Using 2000 as the base period, compute a simple index of domestic sales for each year from
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Using 2000 as the base period, compute a simple index of domestic sales for each year from 2000 until 2012. Interpret the trend in domesticsales.
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Domestic Sales International Sales Employees $ million) 5 ($ million) 11,856 12,492 13,843 16,588 19,578 22,137 23,549 28,651 31,438 31,008 32,124 36,107 37,371 Year 2000 2001 2002 17.316 19,825 22,455 25,274 27,770 28,377 29,775 (thousands) 100.9 101.8 108.3 110.6 109.9 115.6 122.2 119.2 118.7 115.5 114.0 2 2004 2005 32,444 32,309 2007 2008 2009 2010 2011 2012 30,889 29,437 28,907 29,832 2 2 118.7
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Related Book For
Statistical Techniques in Business and Economics
ISBN: 978-0078020520
16th edition
Authors: Douglas Lind, William Marchal
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