Question

Consider the following time series data. t 1 ය 6 11 2 4 5 Y 9 13 15 a. Which of the following is a correct time series plot f
3. TimeSeries Value F14 +12 10 18 6 -4 2 2 Time Period (t) - Select your answer. What type of pattern exists in the data? - S
0 0
Add a comment Improve this question Transcribed image text
Answer #1

The statistical software output for this problem is:

Simple linear regression results: Dependent Variable: Yt Independent Variable: t Yt= 4.8+2t Sample size: 5 R (correlation coe

From above output:

a) Correct plot: Option 1

Type of pattern: Positive

b) Tt = 4.8 + 2 t

c) Forecasted value = 4.8 + 2*6 = 16.8

Add a comment
Know the answer?
Add Answer to:
Consider the following time series data. t 1 ය 6 11 2 4 5 Y 9...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Consider the following time series data 4 10 13 15 a. Which of the following is...

    Consider the following time series data 4 10 13 15 a. Which of the following is a correct time series plot for this data? TimeSeries Value 14 12 10 4 2 TimePeriod(t) TimeSeries Value 14 12 10 4 2 TimePeriod(t) TimeSeries Value 14 7つ TimeSeries Value 14 12 10 8 TimePeriod(t) 3. TimeSeries Value 14 12 10 TimePeriod (t -Select your answer+ What type of pattern exists in the data? -Select your answer- b. Develop the linear trend equation for...

  • Consider the following time series data. 15 13 10 12 a. Which of the following is a correct time series plot for this data? TimeSeries Value 14 12 10 TimePeriod (t) TimeSeries Value 14 12 10 TimePeri...

    Consider the following time series data. 15 13 10 12 a. Which of the following is a correct time series plot for this data? TimeSeries Value 14 12 10 TimePeriod (t) TimeSeries Value 14 12 10 TimePeriod(t) TimeSeries Value 14 12 10 TimePeriod (t) 2 TimePeriod(t) select your answer- What type of pattern exists in the data? -select your answer b. Develop the linear trend equation for this time series (to 1 decimal). Tt = c. What is the forecast...

  • Consider the following time series data. t 1 2 3 4 5 Yt 6 12 9...

    Consider the following time series data. t 1 2 3 4 5 Yt 6 12 9 14 16 a. Which of the following is a correct time series plot for this data? time series plot #1 time series plot #2 time series plot #3 1. 2. 3. What type of pattern exists in the data? linear trend curvilinear trend horizontal b. Develop the linear trend equation for this time series (to 1 decimal). Tt = ___ + ____t c. What...

  • Consider the following time series data Week 1 2 3 4 5 6 Value 19 14...

    Consider the following time series data Week 1 2 3 4 5 6 Value 19 14 16 12 18 15 a. Which of the following is a correct time series plot for this data? 1 Time eries Value 15 10 Week 2 TimeSeries Value 15 10 5 Week 4 3 TimeSeries Value 15 10 -5 Week 4 5 Select your answer What type of pattern exists in the data? What type of pattern exists in the data? Horizontal b. Develop...

  • Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13...

    Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13 17 12 17 14 a. Which of the following is a correct time series plot for this data? TimeSeries Value 15 10 34Week TimeSeries Value 15 10 2 3 45Week TimeSeries Value 10 exists in the data? based on MSE?

  • Consider the following time series. t 1 23 4 5 6 7 Yt 83 60 45 36 31 30 34 a. Which of the follow...

    Consider the following time series. t 1 23 4 5 6 7 Yt 83 60 45 36 31 30 34 a. Which of the following is the correct time series plot? TimeSeriesValue 90 80 70 60 50 40 20 10 TimePeriodit 2 I imeSeriesValue 90 80 70 60 50 40 20 10 2 TimePeriodit 3. TimeSeries Value 90 80 60 50 40 30 10 TimePeriodit 4 TimeSeries Value 90 80 70 60 50 40 30 10 2 TimePeriod t -...

  • Homework Consider the following time series data. Week Value a. Which of the following is a...

    Homework Consider the following time series data. Week Value a. Which of the following is a correct time series plot for this data? 1 18 2 14 3 17 4 12 5 17 6 15 TimeSeries Value 115 Week TimeSeries Value 3 4 5 Week 2 TimeSeries Value 15 3 4 . 5 Week plot #1 What type of pattern exists in the data? Horizontal a Search this course mework Week plot 01 What type of pattern exists in the...

  • NGAGE INDIAP HW Consider the following time series. 1 2 3 4 5 6 7 82...

    NGAGE INDIAP HW Consider the following time series. 1 2 3 4 5 6 7 82 61 44 34 31 28 34 a. Which of the following is the correct time series plot? 2o TimeSeriesValue 20+ 107 Time Perioditi 90 TimeSeriesValue 80+ 707 NGAGE MINDTAP HW 90 I TimeSeriesValue 80+ 9 & 8 a Time Perioditi 901 TimeSeriesValue SAGE MINDTAP 90 TimeSeries Value $ 88@ $ $ 5 Time Perioditi 20 Timeberies Value MINDTAP Time periode Time Perioditi TimeSeriesValue %...

  • Please help Consider the following time series data. Week 1 N 3 4 5 6 Value...

    Please help Consider the following time series data. Week 1 N 3 4 5 6 Value 19 11 13 10 14 12 (a) Construct a time series plot. 20 18 20 18 14 12 10 Week 3 4 Week D 20 18+ 16 Time Series Value Time Series Value 5 Week 0 Wook What type of pattem exists in the data? The data appear to follow a cyclical pattern. The data appear to follow a trend pattem. The data appear...

  • Consider the following time series data. Week 1 2 3 4 5 6 Value 19 11 16 1017 15 (a) Construct a ...

    Consider the following time series data. Week 1 2 3 4 5 6 Value 19 11 16 1017 15 (a) Construct a time series plot. 20 20 20 18 16 14 12 10 c 14 12 12 0 23 4 5 67 0 23 4 5 67 Week Weck Week 20 18 0 1 2345 6 7 Week What type of pattern exists in the data? The data appear to follow a seasonal pattern. The data appear to follow a...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT