Question
Consider the following time series data. Year Value 1 234 2 287 3 255 4 310 5 298 6 250 7 302 8 267 9
Consider the following time series data.
| Year | Value |
| 1 | 234 |
| 2 | 287 |
| 3 | 255 |
| 4 | 310 |
| 5 | 298 |
| 6 | 250 |
| 7 | 302 |
| 8 | 267 |
| 9 | 225 |
| 10 | 336 |
a. Construct a time series plot. What type of pattern exists in the data? b. Develop a three-year moving average for this time series. Compute MSE and a forecast for the year 11.
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Linear Algebra A Modern Introduction
Authors: David Poole
3rd edition
9781133169574 , 978-0538735452
