Since its inception in 1967, the Super Bowl is one of the most watched events on television in the United States every year. The number of U.S. households that tuned in for each Super Bowl, reported by Nielson.com, is provided in the data set SuperBowlRatings.

a. Construct a time series plot for the data. What type of pattern exists in the data? Discuss some of the patterns that may have resulted in the pattern exhibited in the time series plot of the data.

b. Given the pattern of the time series plot developed in part (a), do you think the forecasting methods discussed in this chapter are appropriate to develop forecasts for this time series? Explain.

c. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.