Wal-Mart is the second largest retailer in the world. The data file on the disk holds monthly

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Wal-Mart is the second largest retailer in the world. The data file on the disk holds monthly data on Wal-Mart’s revenue, along with several possibly related economic variables.

a) Using computer software, find the regression equation predicting Wal-Mart revenues from the Retail Index, the Consumer Price index (CPI), and Personal Consumption.

b) Does it seem that Wal-Mart’s revenue is closely related to the general state of the economy?

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Business Statistics

ISBN: 9780321925831

3rd Edition

Authors: Norean Sharpe, Richard Veaux, Paul Velleman

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