The following is a series of annual sales (in $millions) over an 11-year period (2002 to 2012):

Question:

a. Construct a time-series plot.
b. Does there appear to be any change in annual sales over time? Explain.

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Basic Business Statistics

ISBN: 9780321870025

13th Edition

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

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Question Posted: Dec 19, 2016 11:03 AM

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The following is a series of annual sales (in $millions) over an 11-year period (2002 to 2012):

Question:

Year: 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Sales: 13.0 17.0 19.0 20.0 20.5 20.5 20.5 20.0 19.0 17.0 13.0

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a b Annual sales appear to be increasi...View the full answer

Basic Business Statistics

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