In: Statistics and Probability
Question 5 (1 point) Question 5 Unsaved The economic crisis of 2008 affected many countries, though some more than others. Some people in Australia have claimed that Australia wasn’t hurt that badly from the crisis. The bank assets (in billions of Australia dollars (AUD)) of the Reserve Bank of Australia (RBA) for the time period of March 2007 through March 2013 are contained in the following table ("B1 assets of," 2013): Table #2.3.11: Data of Date versus RBA Assets Date Assets in billions of AUD Mar-2006 96.9 Jun-2006 107.4 Sep-2006 107.2 Dec-2006 116.2 Mar-2007 123.7 Jun-2007 134.0 Sep-2007 123.0 Dec-2007 93.2 Mar-2008 93.7 Jun-2008 105.6 Sep-2008 101.5 Dec-2008 158.8 Mar-2009 118.7 Jun-2009 111.9 Sep-2009 87.0 Dec-2009 86.1 Mar-2010 83.4 Jun-2010 85.7 Sep-2010 74.8 Dec-2010 76.0 Mar-2011 75.7 Jun-2011 75.9 Sep-2011 75.2 Dec-2011 87.9 Mar-2012 91.0 Jun-2012 90.1 Sep-2012 83.9 Dec-2012 95.8 Mar-2013 90.5 Create a time-series plot of the data, and from it determine which of the following statements is NOT true:
Question 5 options: A) The data shows a steady (linear) increase in the assets held by Reserve Bank of Australia from March 2006 to June 2007
B) With the exception of March 2006 - June 2007 and March - December 2008 temporary decreases, assets of Reserve Bank of Australia have remained relatively unchanged from March 2006 through March 2015
C) The data shows a steady (linear) decrease in the assets held by Reserve Bank of Australia from December 2008 to September 2009
D) With the exception of March 2006 - June 2007 and March - December 2008 temporary increases, assets of Reserve Bank of Australia have remained relatively unchanged from March 2006 through March 2015