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Analysis of Canadian Manufacturing Workers Work-Hours:The time series plot in figure 6.10 describes the average annual number of weekly hours spent by Canadian Manufacturing Workers.
Analysis of Canadian Manufacturing Workers Work-Hours:The time series plot in figure 6.10 describes the average annual number of weekly hours spent by Canadian Manufacturing Workers. The data is available in CanadianWorkHours.xls.
Which one model of the following regression-based models would fit the series best? 1. Linear trend model 2. Linear trend model with seasonality 3. Quadratic trend model 4. Quadratic trend model with seasonality
Year | Hours per week | ||||||||
1966 | 37.2 | ||||||||
1967 | 37 | ||||||||
1968 | 37.4 | ||||||||
1969 | 37.5 | ||||||||
1970 | 37.7 | ||||||||
1971 | 37.7 | ||||||||
1972 | 37.4 | ||||||||
1973 | 37.2 | ||||||||
1974 | 37.3 | ||||||||
1975 | 37.2 | ||||||||
1976 | 36.9 | ||||||||
1977 | 36.7 | ||||||||
1978 | 36.7 | ||||||||
1979 | 36.5 | ||||||||
1980 | 36.3 | ||||||||
1981 | 35.9 | ||||||||
1982 | 35.8 | ||||||||
1983 | 35.9 | ||||||||
1984 | 36 | ||||||||
1985 | 35.7 | ||||||||
1986 | 35.6 | ||||||||
1987 | 35.2 | ||||||||
1988 | 34.8 | ||||||||
1989 | 35.3 | ||||||||
1990 | 35.6 | ||||||||
1991 | 35.6 | ||||||||
1992 | 35.6 | ||||||||
1993 | 35.9 | ||||||||
1994 | 36 | ||||||||
1995 | 35.7 | ||||||||
1996 | 35.7 | ||||||||
1997 | 35.5 | ||||||||
1998 | 35.6 | ||||||||
1999 | 36.3 | ||||||||
2000 | 36.5 |
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