=+66. Lobsters 2012, part 6. How has the price of a lobster changed? Heres a plot tracking

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=+66. Lobsters 2012, part 6. How has the price of a lobster changed? Here’s a plot tracking the price of lobster per pound in constant year 2000 dollars.

2.25 3.00 3.75 1950.0 1962.5 1975.0 1987.5 2000.0 Year Price ($) / lb This plot is not straight. Would a transformation help? If so, which one? If not, why not?

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Business Statistics Plus Pearson Mylab Statistics With Pearson Etext

ISBN: 978-1292243726

3rd Edition

Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman

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