The file ApplianceShipments.csv contains the series of quarterly shipments (in million dollars) of US household appliances between
Question:
The file ApplianceShipments.csv contains the series of quarterly shipments (in million dollars) of US household appliances between 1985 and 1989 (data courtesy of Ken Black).
a. Create a well-formatted time plot of the data.
b. Which of the four components (level, trend, seasonality, noise) seem to be present in this series?
Step by Step Answer:
Related Book For
Machine Learning For Business Analytics
ISBN: 9781119828792
1st Edition
Authors: Galit Shmueli, Peter C. Bruce, Amit V. Deokar, Nitin R. Patel
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