=+*78. Consumer Price Index (CPI). Here is a histogram of the monthly CPI as reported by the
Question:
=+*78. Consumer Price Index (CPI). Here is a histogram of the monthly CPI as reported by the Bureau of Labor Statistics
(ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt) from 2008 through 2012:
210 220 230 CPI 5
0 10 15 Here is the time series plot for the same data.
2008 2009 2010 2011 2012 215 CPI 220 225 230 Year
a) What features of the data can you see in the histogram that aren’t clear from the time series plot?
Step by Step Answer:
Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
Question Posted: