The following data (stored in Drink) represent the amount of soft drink in a sample of 50
Question:
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a. Construct a time series plot for the amount of soft drink on the Y axis and the bottle number (going consecutively from 1 to 50) on the X axis.
b. What pattern, if any, is present in these data?
c. If you had to make a prediction about the amount of soft drink filled in the next bottle, what would you predict?
d. Based on the results of (a) through (c), explain why it is important to construct a time series plot and not just a histogram, as was done in Problem 2.47 on page 59.
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a b There is a downward trend in the amount filled c The amount filled ...View the full answer
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Related Book For 
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
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