Question: Determine the trend for the data in Problem 15.32 using the deseasonalized data from Problem 15.33. Explore both a linear and a quadratic model in
Determine the trend for the data in Problem 15.32 using the deseasonalized data from Problem 15.33. Explore both a linear and a quadratic model in an attempt to develop the better trend model.
in Problem 15.32.
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Chemicals
and Allied
Products
Time Period ($ billion)
January (year 5) ........28.931
February ...........30.456
March ............32.372
April ..............30.905
May ............30.743
June ............32.794
July .............29.342
August ...........30.765
September ...........31.637
October ............30.206
November ..........30.842
December..........31.090
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Month Chem 12m tot 2yr tot TC SI TCI T Jan1 23701 Feb 24189 Mar 24200 Apr 24971 May 24560 June 24992 28800 July 22566 57565 23985 9408 23872 23917 28765 Aug 24037 57523 23968 10029 24134 23919 28758 S... View full answer
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