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 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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