Compare the trends of the percentage changes of annual new orders for all manufacturing, durable goods, and
Question:
Compare the trends of the percentage changes of annual new orders for all manufacturing, durable goods, and nondurable goods industries in the United States for the years 1987-1996. The data are in the file P2_27.XLS.
a. Are the trends in these three times series similar?
b. Can you explain the variation in each of these series over the given time period?
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a Comparing the Trends Visual Inspection Plot the percentage changes for each of the three categories all manufacturing durable goods and nondurable g...View the full answer
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Related Book For
Managerial Statistics
ISBN: 9780534389314
1st Edition
Authors: S. Christian Albright, Wayne L. Winston, Christopher Zappe
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