Consider the folowing time series Y 120 111 105 90 95 93 (a) Construct a time series plot. What type of patern exists in thn data? O The time series plot shows a noninear trend. O The time series plot...


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Consider the folowing time series<br>Y 120<br>111<br>105<br>90<br>95<br>93<br>(a) Construct a time series plot. What type of patern exists in thn data?<br>O The time series plot shows a noninear trend.<br>O The time series plot shows a linear trend.<br>O The time series plot shows a seasonal pattern.<br>O The time series piot shows a hortzontal pattern.<br>(b) Use simple linear regression analysis to find the parameters for the line that minimie MSE for this time series (Round your answers to two decimal places.)<br>() what is the forecast fort (Round your answer to one decimal place.)<br>Need Help?<br>Read<br>

Extracted text: Consider the folowing time series Y 120 111 105 90 95 93 (a) Construct a time series plot. What type of patern exists in thn data? O The time series plot shows a noninear trend. O The time series plot shows a linear trend. O The time series plot shows a seasonal pattern. O The time series piot shows a hortzontal pattern. (b) Use simple linear regression analysis to find the parameters for the line that minimie MSE for this time series (Round your answers to two decimal places.) () what is the forecast fort (Round your answer to one decimal place.) Need Help? Read

Jun 11, 2022
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