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A retail store manager uses time series models to understand shopping trends. Ti
A retail store manager uses time series models to understand shopping trends. Time series models are particularly useful to track variables such as revenues, costs, and profits over time. Time series models help evaluate performance and make predictions.
Review the scatter plot of the store’s sales from 2010 through 2021 to answer the questions. You may also review the annual sales data and chart in Excel, if desired.
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