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Consider the following time series: T 1 2 3 4 5 6 7 Yt 1 2 0 1 1 0 1 0 0 9 6

Consider the following time series: T 1234567 Yt 12011010096949288 a) Construct a time series plot. What type of pattern exists in the data? b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE this time series. c) What is the forecast for t =8? Please show ALL work.

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