The following is a series of annual sales (in $millions) over an 11-year period (2007 to 2017):

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The following is a series of annual sales (in $millions) over an 11-year period (2007 to 2017):
Year: 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Sales: 13.0 17.0 190 20.0 20.5 20.5 20.5 20.0 19.0 17.0 13.


a. Construct a time-series plot.

b. Does there appear to be any change in annual sales over time? Explain.

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Related Book For  answer-question

Basic Business Statistics Concepts And Applications

ISBN: 9780134684840

14th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat, David F. Stephan

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