Management of a home appliance store wants to understand the growth pattern
Question # 00004363
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Updated on: 12/02/2013 05:39 AM Due on: 12/02/2013

Management of a home appliance store wants to understand the growth pattern of the monthly sales of a new technology device over the past two years. The managers have recorded the relevant data in the file P14_05.xlsx. Have the sales of this device been growing linearly over the past 24 months? By examining the results of a linear trend line, explain why or why not.

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Rating:
5/
Solution: P14_05 - Linear regression