EBK STATISTICAL TECHNIQUES IN BUSINESS
EBK STATISTICAL TECHNIQUES IN BUSINESS
17th Edition
ISBN: 9781259924163
Author: Lind
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 18, Problem 35DA
To determine

Develop a linear trend equation for the constant 1993 dollars of the mean amount per transaction.

Observe whether it is reasonable that the trend is linear or not.

Observe whether the value of amount that the customer spent is less or not.

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