Question: Wal-Mart is the second largest retailer in the world. The data file on the disk holds monthly data on Wal-Marts revenue, along with several possibly
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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