Statistical Techniques in Business and Economics, 16th Edition
Statistical Techniques in Business and Economics, 16th Edition
16th Edition
ISBN: 9780078020520
Author: Douglas A. Lind, William G Marchal, Samuel A. Wathen
Publisher: McGraw-Hill Education
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Chapter 18, Problem 21CE

a.

To determine

Plot the given data.

b.

To determine

Determine the least squares trend equation.

c.

To determine

Compute the points for the years 2011 and 2014.

Plot the regression line on the graph.

d.

To determine

Obtain the number of Employees in 2017.

e.

To determine

Find the average number of employees increased (or decreased) per year, during the period 2009‑2014.

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Statistical Techniques in Business and Economics, 16th Edition

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