Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please solve this with excel 4) Consider the following time series Month Value 1 118 2 112 3 100 4 94 5 96 ola 6
please solve this with excel
4) Consider the following time series Month Value 1 118 2 112 3 100 4 94 5 96 ola 6 92 7 86 a Using excel construct a time series plot. What type of pattern exists in the data? b. Use simple linear regression analysis on excel to find the parameters for the best fit line What is the forecast for t = 8? d How reliable is thus fit? (Is it a good fit or not? How do you know) c Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started