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CSM Worldwide forecasts global production for all automobile manufacturers. The following CSM data show the forecast of global auto production

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CSM Worldwide forecasts global production for all automobile manufacturers. The following CSM data show the forecast of global auto production for General Motors, Ford, DaimlerChrysler, and Toyota for the years 2004 to 2007 (USA Today, December 21,2007). Data are in millions of vehicles.
CSM Worldwide forecasts global production for all automobile manufacturers. The

a. Construct a time series graph for the years 2004 to 2007 showing the number of vehicles manufactured by each automotive company. Show the time series for all four manufacturers on the same graph.
b. General Motors has been the undisputed production leader of automobiles since 1931. What does the time series graph show about who is the world's biggest car company? Discuss.
c. Construct a bar graph showing vehicles produced by automobile manufacturer using the 2007 data. Is this graph based on cross-sectional or time series data?

Transcribed Image Text:

Manufacturer General Motors Ford DaimlerChrysler Toyota 2004 8.9 7.8 2005 9.0 7.7 4.2 8.3 2006 8.9 7.8 4.3 2007 8.8 7.9 4.6 9.6 7.8

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a b According to the CSM data Toyota surpasses General Mo…View the full answer


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Question Posted: October 07, 2016 12:10:34
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