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Consider the following time series. t yt t yt t yt t yt t yt 1 6 6 2 0 1 1 2 8 1

Consider the following time series.
t yt t yt t yt t yt t yt
16620112816382148
212720122917392251
39821133218432351
414924143319442455
5151024153620462557
(a) Choose the correct time series plot.
(i)
The time series plot represents trend. The horizontal axis is labeled t with values from 0 to 25. The vertical axis is labeled y of t with values from 0 to 60. The chart has a collection of 25 points connected by line segments. The segments and the approximate points they connect are as follows. The segments start at (1,6), go up and right to (2,12), go down and right to (3,9), go up and right to (4,14), go up and right to (5,15), go up and right to (6,20), go right to (7,20), go up and right to (8,21), go up and right to (9,24), go right to (10,24), go up and right to (11,28), go up and right to (12,29), go up and right to (13,32), go up and right to (14,33), go up and right to (15,36), go up and right to (16,38), go up and right to (17,39), go up and right to (18,43), go up and right to (19,44), go up and right to (20,46), go up and right to (21,48), go up and right to (22,51), go right to (23,51), go up and right to (24,55), and go up and right to stop at (25,57).(ii)
The time series plot represents trend. The horizontal axis is labeled t with values from 0 to 25. The vertical axis is labeled y of t with values from 0 to 60. The chart has a collection of 25 points connected by line segments. The segments and the approximate points they connect are as follows. The segments start at (1,55), go up and right to (2,57), go down and right to (3,51), go right to (4,51), go down and right to (5,46), go up and right to (6,48), go down and right to (7,43), go up and right to (8,44), go down and right to (9,38), go up and right to (10,39), go down and right to (11,33), go up and right to (12,36), go down and right to (13,29), go up and right to (14,32), go down and right to (15,24), go up and right to (16,28), go down and right to (17,21), go up and right to (18,24), go down and right to (19,20), go right to (20,20), go down and right to (21,14), go up and right to (22,15), go down and right to (23,9), go up and right to (24,12), and go down and right to stop at (25,6).
(iii)
The time series plot represents trend. The horizontal axis is labeled t with values from 0 to 25. The vertical axis is labeled y of t with values from 0 to 60. The chart has a collection of 25 points connected by line segments. The segments and the approximate points they connect are as follows. The segments start at (1,12), go down and right to (2,6), go up and right to (3,14), go down and right to (4,9), go up and right to (5,20), go down and right to (6,15), go up and right to (7,21), go down and right to (8,20), go up and right to (9,24), go right to (10,24), go up and right to (11,29), go down and right to (12,28), go up and right to (13,33), go down and right to (14,32), go up and right to (15,38), go down and right to (16,36), go up and right to (17,43), go down and right to (18,39), go up and right to (19,46), go down and right to (20,44), go up and right to (21,51), go down and right to (22,48), go up and right to (23,55), go down and right to (24,51), and go up and right to stop at (25,57).(iv)
The time series plot represents trend. The horizontal axis is labeled t with values from 0 to 25. The vertical axis is labeled y of t with values from 0 to 60. The chart has a collection of 25 points connected by line segments. The segments and the approximate points they connect are as follows. The segments start at (1,57), go down and right to (2,55), go down and right to (3,51), go right to (4,51), go down and right to (5,48), go down and right to (6,46), go down and right to (7,44), go down and right to (8,43), go down and right to (9,39), go down and right to (10,38), go down and right to (11,36), go down and right to (12,33), go down and right to (13,32), go down and right to (14,29), go down and right to (15,28), go down and right to (16,24), go right to (17,24), go down and right to (18,21), go down and right to (19,20), go right to (20,20), go down and right to (21,15), go down and right to (22,14), go down and right to (23,12), go down and right to (24,9), and go down and right to stop at (25,6).
Plot (i)
What type of pattern exists in the data?
The time series plot shows a
positive
linear
trend.
(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 three decimal places.
y-intercept, b0=
-18.000
Slope, b1=
3.532
MSE =
136.765
(c) What is the forecast for t =26?
If required, round your answer to two decimal places.
73.84

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