Question: Consider the following time series. Construct a time series plot. What type of pattern exists in the data? What is the forecast for t=8 ?

Consider the following time series. Construct a time series plot. What type of pattern exists in the data? What is the forecast for t=8 ? Explain your rationale and the methods used to arrive at your answers. In 2020, it was estimated that about what percentage of Internet users over the age of 14 would make a purchase at an online retail store? 40% 70% 80% 60%

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