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 3SR

a.

To determine

Determine the logarithmic trend equation for the sales data.

b.

To determine

Find the percentage of increase in sales annually from 2013-2017.

c.

To determine

Estimate the projected sales amount for the year 2018.

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