Question: a Plot the total minutes of TV viewing time per

(a) Plot the total minutes of TV viewing time per household.
(b) Describe the trend (if any) and discuss possible causes.
(c) Fit a linear trend to the data.
(d) Would this model give reason- able forecasts? Would another trend model be better? Explain.
(e) Make a forecast for 2015. Show the forecast calculations.
(f) Would these data ever approach an asymptote? Explain. Time is in 5-year increments, so use t = 14 for the 2015 forecast.

View Solution:


Sale on SolutionInn
Sales0
Views80
Comments
  • CreatedAugust 19, 2015
  • Files Included
Post your question
5000