Question: Consider the following time series data. (a) Construct a time series plot. What type of pattern exists in the data? The time series plot shows

Consider the following time series data. (a)
Consider the following time series data. (a) Construct a time series plot. What type of pattern exists in the data? The time series plot shows a horizontal pattern. The time series plot shows a linear trend. The time series plot shows a seasonal pattern. The time series plot shows a nonlinear trend. (b) Uce simple linear regression analysis to find the parameters tor the lin b0=b1= (c) What is the forecast for t=6

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