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To answer the following questions, download the CSV le (or, copy-paste the data from the table on the right) and import it into your data
To answer the following questions, download the CSV le (or, copy-paste the data from the table on the right) and import it into your data software. The file is a quarterly times series from the first quarter of 1960 to the fourth quarter of 2019. Organize your dataset as a time series and assume that the series is a flow variable. 1. Estimate the trend of the series using a quadratic trend. a. What is the value of the trend in the third quarter of 1993? Round your answer to the nearest second decimal. l3 b. What is the value of the detrended series in the third quarter of 1971? Round your answer to the nearest second decimal. olfl 2. Using the detrended series, compute the cyclical component of the series. a. What is the value of the cycle in the rst quarter of 1992? Round your answer to the nearest second decimal. E b. What is the value of the low frequency component in the fourth quarter of 1982'? Round your answer to the nearest second decimal. E 3. Compute the seasonal component of your series. a. What are the four seasonal values of the four quarters? Round your answer to the nearest second decimal. i. Quarter 1: '3 ii. Quarter 2: '3 iii. Quarter 3: '3 iv. Quarter 4: a b. What is the value of the seasonally adjusted series in the first quarter of 201 8? Round your answer to the nearest second decimal. 4E
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