MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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  1. The following data show the number of rental cars in service for three rental car corporations: Henz, Avis and Dollar. The data are  for the years 2007-2010 and are in thousands of vehicles (auto Rental News website, May 15, 2011)

     

     

     

     

     

    Company

    2007

    2008

    2009

    2010

    Hentz

    327

    311

    286

    290

    Dollar

    167

    140

    106

    108

    Avis

    204

    220

    300

    270

     

    1. Construct a time series graph for years 2007 and 2010 showing the number of rental cars service for each company. Show the time series for all three companies on the same graph
    2. Comment on who appears to be the market share leaders and how market shares are changing over time.
    3. Construct a bar chart showing rental cars in service for 2010. Is this chart based on cross sectional or time series data?
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