The U.S. Census Bureau tracks sales per month for various products and services through its Monthly Retail
Question:
The U.S. Census Bureau tracks sales per month for various products and services through its Monthly Retail Trade Survey. Figure shows monthly bookstore sales in millions of dollars for 2014.
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a. Are the data quantitative or categorical?
b. Are the data cross-sectional or time series?
c. Which month has the highest sales?
d. Which month has the second highest sales?
e. Why do you think the answers to parts (c) and (d) might be the two highest months? Explain.
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a Quantitative b Time series c August d ...View the full answer
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Related Book For 
Modern Business Statistics With Microsoft Excel
ISBN: 9781337115186
6th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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