Instruction 14-17
the Monthly Advertising Expenditures of a Department Store

question 15

Essay

Instruction 14-17
The monthly advertising expenditures of a department store chain (in $1,000,000s)were collected over the last decade.The last 14 months of this time series follows:
$$\begin{array} { r c } \text { Month } & \text { Expenditures } ( \$ ) \\1 & 1.4 \\2 & 1.8 \\3 & 1.6 \\4 & 1.5 \\5 & 1.8 \\6 & 1.7 \\7 & 1.9 \\8 & 2.2 \\9 & 1.9 \\10 & 1.9 \\11 & 2.1 \\12 & 2.4 \\13 & 2.8 \\14 & 3.1\end{array}$$
-Referring to Instruction 14-17,set up a scatter diagram (i.e. ,time-series plot)with months on the horizontal X-axis.

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Definitions:

Payee

The individual or entity to whom a cheque or electronic payment is made payable.

Negotiability

The characteristic of a document, typically a financial instrument, that allows it to be transferred or assigned from one party to another as a form of payment or investment.

Japanese Yen

The official currency of Japan, represented by the symbol ¥.

Subject to

Conditioned upon or dependent on a certain event or provision, often indicating the existence of specific limitations or requirements.