Use the variables mean amount per transaction and number of associates to forecast net sales. Are these
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Use the variables mean amount per transaction and number of associates to forecast net sales. Are these two independent variables reasonable predictors of net sales?
Because all of these variables are associated with time, it may be that there is autocorrelation. Conduct the appropriate test of hypothesis to determine if there is autocorrelation present. What is your conclusion? Again, use the .05 significancelevel.
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
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