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 23CE

a.

To determine

Obtain the logarithmic trend equation.

b.

To determine

Find the coordinates of the points on the logarithmic straight line for 2005 and 2011.

c.

To determine

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

d.

To determine

Estimate the sales for the year 2015.

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Statistical Techniques in Business and Economics, 16th Edition

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