Consider the following time series: t12345 6 11 9 14 15 a. Construct a time series plot. What type of pattern exists in the data
1 answer:
Answer:
Kindly check explanation and attached picture
Step-by-step explanation:
Given the time-series data:
Time (x) : 1 - - 2 - - 3 - - - 4 - - - 5
Data (yt) :6 - - 11 - - 9 - - 14 - - 15
The pattern which exists within the data is a linear pattern which could be inferred through the observable decrement and Incremental change in the y values at a steady or constant rate with time. The second attachment shows the linear trend line of the data.
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What we want to do first is isolate the variable. To do this we need to multiply each side by 5 to remove the fraction
5 * 5 = 5*
w
Simplify the right side
5 * w = 1w
Now simplify the left side
5 * 5 = 25
Then we get...
25 = w
There's your answer!
5 * 5 = 5*
Simplify the right side
5 *
Now simplify the left side
5 * 5 = 25
Then we get...
25 = w
There's your answer!