The following data (stored in Drink) represent the amount of soft drink in a sample of 50
Question:
a. Construct a time-series plot for the amount of soft drink on the Y axis and the bottle number (going consecutively from 1 to 50) on the X axis.
b. What pattern, if any, is present in these data?
c. If you had to make a prediction about the amount of soft drink filled in the next bottle, what would you predict?
d. Based on the results of (a) through (c), explain why it is important to construct a time-series plot and not just a histogram, as was done in Problem 2.45 on page 56.
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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