Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Data Analysis Questions for E-commerce Retail Sales: Downlod the Excel data of E-commerce Retail Sales and follow the steps below for time series forecasting. To

image text in transcribedimage text in transcribed

Data Analysis Questions for E-commerce Retail Sales: Downlod the Excel data of E-commerce Retail Sales and follow the steps below for time series forecasting. To be able to receive full credit, you must show your computations in the space provided for each question. 1. The series begin with the first quarter of 2013 and end with the first quarter of 2018. Show the time plot series that display quarterly e-commerce retail sales as a percent of total U.S. retail sales. Show your plot in the space provided below: (2p.) 2. Calculate the moving averages for each observation in the data based on periods 1, 2, 3, and 4. Show the time plot of quarterly e-commerce retail sales along with the moving- average forecasts based on a span of k-4. Make sure to include the labels of x and y axes and adjust the values on the plot to show the possible changes more clearly over the time. Show your plot in the space provided below: (3p.) 3. Use the figure from question #2 to interpret the seasonal regularity to the time series data (e-commerce retail sales). For instance, in which quarters do you observe percent sales are the lowest or the highest, or in which quarters do you observe a rise or a decline? Compare and contrast the component that you observe in the time series and the moving averages. (4p.) 4. Calculate the centered moving average (CMA) and show the time plot of quarterly e- commerce retail sales along with the centered moving-average forecasts based on a span of k=4. Make sure to include the labels of x and y axes and adjust the values on the plot to show the possible changes more clearly over the time. In the space provided below, show your plot, and compare and interpret the trend of two series. - - T: 0 c 00 V 2.0 + + D1 X fx A B D E F. G H 1 J K 1 2 3 1 Date 2013-01-01 2013-04-01 2013-07-01 2013-10-01 2014-01-01 2014-04-01 2014-07-01 2014-10-01 2015-01-01 2015-04-01 2015-07-01 2015-10-01 2016-01-01 2016-04-01 2016-07-01 2016-10-01 2017-01-01 2017-04-01 2017-07-01 2017-10-01 2018-01-01 Percent 5.60 5.30 5.40 7.00 6.20 5.80 6.00 7.70 6.90 6.50 6.70 8.60 7.60 7.40 7.60 9.40 8.44 8.24 8.43 10.44 9.34 5 7 3 o 1 2 3 7 5 5 ESALES + Data Analysis Questions for E-commerce Retail Sales: Downlod the Excel data of E-commerce Retail Sales and follow the steps below for time series forecasting. To be able to receive full credit, you must show your computations in the space provided for each question. 1. The series begin with the first quarter of 2013 and end with the first quarter of 2018. Show the time plot series that display quarterly e-commerce retail sales as a percent of total U.S. retail sales. Show your plot in the space provided below: (2p.) 2. Calculate the moving averages for each observation in the data based on periods 1, 2, 3, and 4. Show the time plot of quarterly e-commerce retail sales along with the moving- average forecasts based on a span of k-4. Make sure to include the labels of x and y axes and adjust the values on the plot to show the possible changes more clearly over the time. Show your plot in the space provided below: (3p.) 3. Use the figure from question #2 to interpret the seasonal regularity to the time series data (e-commerce retail sales). For instance, in which quarters do you observe percent sales are the lowest or the highest, or in which quarters do you observe a rise or a decline? Compare and contrast the component that you observe in the time series and the moving averages. (4p.) 4. Calculate the centered moving average (CMA) and show the time plot of quarterly e- commerce retail sales along with the centered moving-average forecasts based on a span of k=4. Make sure to include the labels of x and y axes and adjust the values on the plot to show the possible changes more clearly over the time. In the space provided below, show your plot, and compare and interpret the trend of two series. - - T: 0 c 00 V 2.0 + + D1 X fx A B D E F. G H 1 J K 1 2 3 1 Date 2013-01-01 2013-04-01 2013-07-01 2013-10-01 2014-01-01 2014-04-01 2014-07-01 2014-10-01 2015-01-01 2015-04-01 2015-07-01 2015-10-01 2016-01-01 2016-04-01 2016-07-01 2016-10-01 2017-01-01 2017-04-01 2017-07-01 2017-10-01 2018-01-01 Percent 5.60 5.30 5.40 7.00 6.20 5.80 6.00 7.70 6.90 6.50 6.70 8.60 7.60 7.40 7.60 9.40 8.44 8.24 8.43 10.44 9.34 5 7 3 o 1 2 3 7 5 5 ESALES +

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Research On Theory And Practice Of Financial Crimes

Authors: Abdul Rafay

1st Edition

1799855678, 978-1799855675

More Books

Students also viewed these Finance questions

Question

Find the value of combination. 40C40

Answered: 1 week ago