Essentials of Statistics for Business and Economics
9th Edition
ISBN: 9780357118191
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: Cengage Learning US
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Chapter 1, Problem 15SE
Jewelry Sales. The U.S. Census Bureau tracks sales per month for various products and services through its Monthly Retail Trade Survey. Figure 1.9 shows monthly jewelry sales in millions of dollars for 2016.
- a. Are the data quantitative or categorical?
- b. Are the data cross-sectional or time series?
- c. Which four months have the highest sales?
- d. Why do you think the answers to part c might be the highest four months?
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Essentials of Statistics for Business and Economics
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