Question: The tourism industry is exploring the link between exchange rates and overseas visitors. The following data were collected over a two-year period. a. Use the
The tourism industry is exploring the link between exchange rates and overseas visitors. The following data were collected over a two-year period.
a. Use the most appropriate method to measure the relationship between the two variables.
b. Predict the mean overseas arrivals when the exchange rate is 100.
c. Plot the residuals against the time period.
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