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Cisco Systems Total Revenues: 2017 - 48,005 2018 - 49,330 2019 - 51,904 2020- 49,301 2021 - 49,818 Perform the given tasks to prepare for
Cisco Systems Total Revenues:
2017 - 48,005
2018 - 49,330
2019 - 51,904
2020- 49,301
2021 - 49,818
Perform the given tasks to prepare for the discussion:
- Prepare a time series plot of these data (years on the x axis, sales on the y axis).
- Use the first naive model you learned about in Week 1 to forecast data for year 6.
- Plot the actual data along with your forecast data.
- Based on your graph of the actual data, do you think there is a trend in the data? Is there any seasonal variation? Please explain your reasoning.
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