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Consider the following time series: t 1 2 34 5 6 7 Yt 120110100 969492 88 a. Construct time series plot. What type of pattern

Consider the following time series:

t 1 2 34 5 6 7

Yt 120110100 969492 88

a. Construct time series plot. What type of pattern exists in the data?

b. Use simple linear regression analysis to find the parameters for the line minimizes MSE for this time series.

c. What is the forecast for t=8?

I need the answer in a spread sheet form, explaining how you got the answer.

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