Question: Load factors 2017 over time, a second look Here is a timeplot of the same domestic load factors as in Exercise 9, but this time
Load factors 2017 over time, a second look Here is a timeplot of the same domestic load factors as in Exercise 9, but this time with a different smoother (called a median smoother)
applied.
a) What can you see in the time plot with the smoother that you might have missed in the original time plot of exercise 9?
b) Do you expect the patterns shown here to persist into the future?
82.5 75.0 67.5 2004 2008 2012 2016 Decimal Year
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