Question: Consider the following time series data. a. Construct a time series plot. What type of pattern exists in the data? b. Develop the linear trend

Consider the following time series data.

a. Construct a time series plot. What type of pattern exists in the data?
b. Develop the linear trend equation for this time series.
c. What is the forecast for t = 8?

1 2 34567 y 1078 6 44

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