STATISTICAL TECHNIQUES FOR BUSINESS AND
STATISTICAL TECHNIQUES FOR BUSINESS AND
17th Edition
ISBN: 9781307261158
Author: Lind
Publisher: MCG/CREATE
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Chapter 18, Problem 1P

a.

To determine

Compute the index for 2015 using 2008 as the base year.

b.

To determine

Compute the index for 2015 using the period 2008-2010 as the base period.

c.

To determine

Determine the least squares trend equation.

Estimate the consolidated revenue for 2017.

Identify the rate of increase per year.

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onsider a random variable x that follows a uniform distribution, with a = 2 and b = 9. What is the probability that x is less than 6? P(x < 6) = 0.2857   P(x < 6) = 0.5714   P(x < 6) = 0.17142   P(x < 6) = 0.4286     What is the probability that x is between 4 and 6? P(4 ≤ x ≤ 6) = 0.2857   P(4 ≤ x ≤ 6) = 0.157135   P(4 ≤ x ≤ 6) = 0.0928525   P(4 ≤ x ≤ 6) = 0.11428
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please solve this problem step by step and make it quick please
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