Refer to Problem 27. The default multiplicative decomposition in Minitab assumes a linear trend. Fit and plot

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Refer to Problem 27. The default multiplicative decomposition in Minitab assumes a linear trend. Fit and plot a linear trend line to the Wal-Mart sales. Is a linear trend appropriate for these data? If not, can you suggest a trend curve that might be appropriate? Fit your suggested trend curve and store the residuals. Compute the residual autocorrelations. Do the residual autocorrelations suggest a seasonal component? Explain.
Refer to Problem 27. The default multiplicative decomposition in Minitab
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Business Forecasting

ISBN: 978-0132301206

9th edition

Authors: John E. Hanke, Dean Wichern

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