Use exploratory data analysis to determine whether there is a trend and/or seasonality in mobile home shipments

Question:

Use exploratory data analysis to determine whether there is a trend and/or seasonality in mobile home shipments (MHS). The data by quarter are shown in the following table.

Period

MHS


Period

MHS


Period

MHS


Period

MHS

Mar-81

54.9


Dec-84

66.2


Sep-88

59.2


Jun-92

52.8

Jun-81

70.1


Mar-85

62.3


Dec-88

51.6


Sep-92

57

Sep-81

65.8


Jun-85

79.3


Mar-89

48.1


Dec-92

57.6

Dec-81

50.2


Sep-85

76.5


Jun-89

55.1


Mar-93

56.4

Mar-82

53.3


Dec-85

65.5


Sep-89

50.3


Jun-93

64.3

Jun-82

67.9


Mar-86

58.1


Dec-89

44.5


Sep-93

67.1

Sep-82

63.1


Jun-86

66.8


Mar-90

43.3


Dec-93

66.4

Dec-82

55.3


Sep-86

63.4


Jun-90

51.7


Mar-94

69.1

Mar-83

63.3


Dec-86

56.1


Sep-90

50.5


Jun-94

78.7

Jun-83

81.5


Mar-87

51.9


Dec-90

42.6


Sep-94

78.7

Sep-83

81.7


Jun-87

62.8


Mar-91

35.4


Dec-94

77.5

Dec-83

69.2


Sep-87

64.7


Jun-91

47.4


Mar-95

79.2

Mar-84

67.8


Dec-87

53.5


Sep-91

47.2


Jun-95

86.8

Jun-84

82.7


Mar-88

47


Dec-91

40.9


Sep-95

87.6

Sep-84

79


Jun-88

60.5


Mar-92

43


Dec-95

86.4

1. On the basis of your analysis, do you think there is a significant trend in MHS? Is there seasonality?

2. What forecasting methods might be appropriate for MHS according to the guidelines in Table 2.1?

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