A company has data on annual revenue for ten years beginning in 1995. The company
wants to compute an index using the revenues from 1995, 1996, and 1997 as the base. If
the revenues for the three years were (in $millions) $1.5, $1.3, and $2.0, what is the
base value?
A ___________ uses dots to show frequencies.
To compare the effect of weather on sales of soft drinks, a distributor surveyed people
in two regions of the country and asked if they purchased soft drinks in the last month.
The following are the results. The distributor would like to know if there is a difference
in sales between the two regions.
Test the hypothesis with a 0.01 significance level. What is our decision?