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 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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