Statistical Techniques in Business and Economics
Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260579611
Author: Douglas Lind; William Marchal; Samuel Wathen
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 18, Problem 1P

a.

To determine

To calculate: The index for 2018, using 2011 as the base period.

b.

To determine

To calculate: The index for 2018, using 2011 to 2013 as the base period.

c.

To determine

To calculate: The trend equation using regression analysis, the estimated consolidated revenue for 2019 and 2020 and the rate of increase per year.

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