Figure provides a bar chart showing the amount of federal spending for the years 2004 to 2010
Question:
a. What is the variable of interest?
b. Are the data categorical or quantitative?
c. Are the data time series or cross-sectional?
d. Comment on the trend in federal spending overtime.
Transcribed Image Text:
3.5 3.0 2.5 2.0 1.5 1.0 0.5 2004 2005 2006 2007 2008 2009 2010 Year
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Related Book For
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
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