Question: 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 1 1 , 0 0 9 9 6 0
a Create a line chart to depict the revenue time series at the annual level. What insight on beverage sales does this chart reveal?
Plotting beverage sales annually displays the longerterm
upward & downward
trend over the past four years.
b Create a line chart to depict the revenue time series at the quarterly level. What insight on beverage sales does this chart reveal?
Plotting beverage sales quarterly displays a
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pattern for this product, with the minimum sales at quarter
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c Create a line chart to depict the revenue time series at the monthly level. What insight on beverage sales does this chart reveal?
Plotting smartphone sales monthly emphasizes the amount of
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term variability reinforcing to management that
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fluctuations should not necessarily cause an overreaction.
d Comparing the line charts created in parts ab and c discuss the importance of choosing the level of aggregation for timeseries data?
Comparison of the yearly, quarterly, and monthly line charts illustrate that
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patterns may be
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at different levels of aggregation.
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