Question

In: Statistics and Probability

Consider the following times-series where the data is recorded weekly Data collected over 36 week t...

Consider the following times-series where the data is recorded weekly

Data collected over 36 week

t

X

t

X

t

X

t

X

t

X

t

X

1

9.8

7

36.4

13

53.4

19

99.2

25

105.3

31

141.3

2

9.0

8

51.0

14

66.6

20

90.4

26

116.7

32

151.8

3

10.5

9

51.1

15

70.6

21

91.2

27

113.2

33

151.1

4

20.6

10

46.9

16

76.4

22

94.9

28

120.5

34

156.4

5

28.1

11

50.5

17

88.4

23

94.2

29

124.2

35

155.9

6

28.3

12

58.5

18

98.6

24

104.1

30

130.2

36

160.0

Does the time-series seem to follow a trend? If yes, which type of trend? Justify your answer.

Solutions

Expert Solution

Formula Ref:

Does the time-series seem to follow a trend? If yes, which type of trend?

Yes, the trend is linear. (Refer the charts)

orchestra answered 2 years ago
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