Question: 2005 was a record year for hurricane devastation in the United States (San Luis Obispo Tribune, November 30, 2005). Of the 26 tropical storms and
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Construct a time-series plot that shows the insured catastrophic loss over time. What do you think causes the peaks in the graph?
Year Cost (in billions of dollars) 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 7.5 2.5 4.0 22.5 5.0 18.0 9.0 8.0 2.6 10.0 9.0 3.0 27.0 5.0 12.0 28.5 56.8
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