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12/1/21, 4:57 PM [Free Solution] The file P12_01.

[Free Solution] The file P12_01.xlsx contains the monthly number of airline tickets sold by a travel agency....

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Business Analytics: Data Analysis & Decision Making (7th Edition) See all exercises

Chapter 12, Section 12-3, Problems, Exercise 1

The file P12_01.xlsx contains the monthly number of airline tickets sold by a travel agency. Is this time series
random? Perform a runs test and find a few autocorrelations to support your answer.

Explanation

https://www.coursehero.com/textbook-solutions/the-file-p12-01-xlsx-contains-the-monthly-number-of-airline-tickets-sold-by-a-travel-9780357109953-631/Chapter-12-Problem-1-1073205/ 1/6
12/1/21, 4:57 PM [Free Solution] The file P12_01.xlsx contains the monthly number of airline tickets sold by a travel agency....

https://www.coursehero.com/textbook-solutions/the-file-p12-01-xlsx-contains-the-monthly-number-of-airline-tickets-sold-by-a-travel-9780357109953-631/Chapter-12-Problem-1-1073205/ 2/6
12/1/21, 4:57 PM [Free Solution] The file P12_01.xlsx contains the monthly number of airline tickets sold by a travel agency....

https://www.coursehero.com/textbook-solutions/the-file-p12-01-xlsx-contains-the-monthly-number-of-airline-tickets-sold-by-a-travel-9780357109953-631/Chapter-12-Problem-1-1073205/ 3/6
12/1/21, 4:57 PM [Free Solution] The file P12_01.xlsx contains the monthly number of airline tickets sold by a travel agency....

https://www.coursehero.com/textbook-solutions/the-file-p12-01-xlsx-contains-the-monthly-number-of-airline-tickets-sold-by-a-travel-9780357109953-631/Chapter-12-Problem-1-1073205/ 4/6
12/1/21, 4:57 PM [Free Solution] The file P12_01.xlsx contains the monthly number of airline tickets sold by a travel agency....

Answer 숥

The steps are provided in the attached images. Hope it will help you 🙂 

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reymark.diaz

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All Textbook Solutions / Business Analytics: Data Analysis & Decision Making (7th Edition) / The file P12_01.xlsx contains the monthly number of …

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