Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. The series begin with the first quarter of 2013 and end with the first quarter of 2018. Show the time plot series that display

1. The series begin with the first quarter of 2013 and end with the first quarter of 2018. Show the time plot series that display quarterly e-commerce retail sales as a percent of total U.S. retail sales.

Show your plot in the space provided:

2. Calculate the moving averages for each observation in the data based on periods 1, 2, 3, and 4. Show the time plot of quarterly e-commerce retail sales along with the moving-average forecasts based on a span of k=4. Make sure to include the labels of x and y axes and adjust the values on the plot to show the possible changes more clearly over the time.

Show your plot in the space provided below:

3. Use the figure from question #2 to interpret the seasonal regularity to the time series data (e-commerce retail sales). For instance, in which quarters do you observe percent sales are the lowest or the highest, or in which quarters do you observe a rise or a decline? Compare and contrast the component that you observe in the time series and the moving averages.

4. Calculate the centered moving average (CMA) and show the time plot of quarterly e-commerce retail sales along with the centered moving-average forecasts based on a span of k=4. Make sure to include the labels of x and y axes and adjust the values on the plot to show the possible changes more clearly over the time. In the space provided below, show your plot, and compare and interpret the trend of two series.

5. Calculate the seasonal ratio of quarterly e-commerce retail sales and average these ratios by quarter.

Show the resulting ratios based on the periods of 1, 2, 3 and 4 in the table below:

Quarter Seasonality ratio

1

2

3

4

6. Regress the de-seasonality component of quarterly e-commerce retail sales on time component. In the space provided below, show your regression output and the regression equation using trend-and-season predictive model from the simple linear regression output.

7. Create a plot using de-seasonality component of quarterly e-commerce retail sales along with a linear trend fit and interpret the graph. In the space provided below, show your plot and label x and y axes, and adjust the values on the plot.

8. Compute a forecast for the series of third quarter on the time plot of quarterly e-commerce retail sales. Note that the series end on the first quarter with t=21. Make sure to include the seasonality ratio for the appropriate quarter corresponding to the value of t.

image text in transcribed
A B Date Percent 2 2013-01-01 5.60 w 2013-04-01 5.30 4 2013-07-01 5.40 2013-10-01 7.00 2014-01-01 6.20 2014-04-01 5.80 2014-07-01 6.00 2014-10-01 7.70 10 2015-01-01 6.90 11 2015-04-01 6.50 12 2015-07-01 6.70 13 2015-10-01 8.60 14 2016-01-01 7.60 15 2016-04-01 7.40 16 2016-07-01 7.60 17 2016-10-01 9.40 18 2017-01-01 8.44 19 2017-04-01 8.24 20 2017-07-01 8.43 21 2017-10-01 10.44 22 2018-01-01 9.34

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra And Trigonometry, Enhanced

Authors: Cynthia Y Young

4th Edition

1119320860, 9781119320869

More Books

Students also viewed these Mathematics questions

Question

What is the oversight role of an audit committee?

Answered: 1 week ago