Question: Choose price levels / time-series data Use sample size, which is not more than 15 and not less than 10 observations. i. Time series component.
Choose price levels / time-series data
- Use sample size, which is not more than 15 and not less than 10 observations.
- i. Time series component. Draw line chart to support your answer.
ii. Compute the simple Index number for your data (use period one (year, day,...etc.) as a base period).
iii. Determine the actual percentage growth between the base period and the tenth period in your data.
iv. Determine the actual percentage growth between period six and the tenth period in your data
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