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The data shown below contains the monthly sales (in thousands of dollars) at a local department store for each of the past 24 months. Copy
The data shown below contains the monthly sales (in thousands of dollars) at a local department store for each of the past 24 months. Copy the data to Excel, perform a runs test, and compute a few autocorrelations to determine whether this time series is random. Give your conclusion by referring to the results of your runs test and autocorrelations (no need to try to attach the Excel output in this text box, just mention the specific values you refer to)
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