Question
Need a graph in reference to the example and questions answered in reference to using data in a time series: The example is the annual
Need a graph in reference to the example and questions answered in reference to using data in a time series: The example is the annual revenue data for a store; such as a bicycle store. What do we expect will be the graph of that annual revenue data over the past ten years? Now, if instead, we graph the revenue data for each quarter in a year over the same ten year period, what difference do we expect to see in that graph? Suppose that there is an overall steady uniform increase in bike sales over the past 10 years. If we plot the data each quarter, are we going to see a similar steady uniform increase from one quarter to the next?
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