Loose Leaf for Statistical Techniques in Business and Economics
Loose Leaf for Statistical Techniques in Business and Economics
17th Edition
ISBN: 9781260152647
Author: Douglas A. Lind
Publisher: McGraw-Hill Education
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Chapter 18, Problem 21CE

a.

To determine

Determine the logarithmic trend equation.

b.

To determine

Determine the coordinates of the points on the logarithmic straight line for 2007 and 2014.

c.

To determine

Find the average percentage of increase in sales during the period from 2007 to 2017.

d.

To determine

Estimate the ales for the year 2018.

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