1. Molly Porter owns and operates two convenience stores, one on the East side of the city and the other on the South side. She has workforce-planning decisions to make and has collected some recent sales data that are relevant to her decisions. Listed below are the monthly sales ($000) at her two stores for the past six months. March 102 72 April 100 74 Store East South a. Is the data set cross-sectional or time series data? Explain. b. Comment on any apparent patterns you see in the data. May 103 81 Junc 105 86 July 109 92 August 106 93 (3)
1. Molly Porter owns and operates two convenience stores, one on the East side of the city and the other on the South side. She has workforce-planning decisions to make and has collected some recent sales data that are relevant to her decisions. Listed below are the monthly sales ($000) at her two stores for the past six months. March 102 72 April 100 74 Store East South a. Is the data set cross-sectional or time series data? Explain. b. Comment on any apparent patterns you see in the data. May 103 81 Junc 105 86 July 109 92 August 106 93 (3)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
100%
![1. Molly Porter owns and operates two convenience stores, one on the East side of the city and the other
on the South side. She has workforce-planning decisions to make and has collected some recent sales
data that are relevant to her decisions. Listed below are the monthly sales ($000) at her two stores for
the past six months.
March
102
72
April
100
74
Store
East
South
a. Is the data set cross-sectional or time series data? Explain.
b. Comment on any apparent patterns you see in the data.
May
103
81
Junc
105
86
July
109
92
August
106
93
(3)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa369541f-bd3f-458c-bebe-042a44120ac5%2F927ec7a5-fd3b-4e2e-99a0-f8a6b3dcd217%2Fj30uyl_processed.png&w=3840&q=75)
Transcribed Image Text:1. Molly Porter owns and operates two convenience stores, one on the East side of the city and the other
on the South side. She has workforce-planning decisions to make and has collected some recent sales
data that are relevant to her decisions. Listed below are the monthly sales ($000) at her two stores for
the past six months.
March
102
72
April
100
74
Store
East
South
a. Is the data set cross-sectional or time series data? Explain.
b. Comment on any apparent patterns you see in the data.
May
103
81
Junc
105
86
July
109
92
August
106
93
(3)
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