Figure 1.8 provides a bar chart showing the amount of federal spending for the years 2002 to

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Figure 1.8 provides a bar chart showing the amount of federal spending for the years 2002 to 2008 (USA Today, February 5, 2008).

a. What is the variable of interest?

b. Are the data categorical or quantitative?

c. Are the data time series or cross-sectional?

d. Comment on the trend in federal spending over time.

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Statistics For Business And Economics

ISBN: 9780324783247

11th Edition

Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson

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Question Posted: Jul 18, 2024 10:04 AM

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Figure 1.8 provides a bar chart showing the amount of federal spending for the years 2002 to

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Statistics For Business And Economics

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