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Consider the following time series. Need answers to a, b, & c Consider the following time series. t 1 2 3 4 5 Yt 5
Consider the following time series. Need answers to a, b, & c
Consider the following time series. t 1 2 3 4 5 Yt 5 11 9 14 14 (a) Choose the correct time series plot. (1) (ii) OSNOYNO 16 14 12 10 58 6 4 2 0 1 2 4 5 4 (III ) (iv) 16 14 12 10 58 6 4 2 16 14 12 10 S8 6 4 2 0 1 2 4 - Select your answer - What type of pattern exists in the data? - Select your answer - 4 4 2 0 2 0 1 2 3 t 4 5 1 2 4 3 t 5 (iv) 16 14 12 10 8 16 14 12 10 58 6 4 0 2 4 5 1 2 3 t 3 t 4 - Select your answer - What type of pattern exists in the data? - Select your answer - (b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. If required, round your answers to two decimal places. y-intercept, bo- Slope, bi = MSE (c) What is the forecast for t = 6? If required, round your answer to one decimal place Step by Step Solution
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