Question: Consider the following time series data. Week 1 2 3 4 5 6 Value 17 12 14 11 15 13 (a) Which time series plot
Consider the following time series data.
| Week | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Value | 17 | 12 | 14 | 11 | 15 | 13 |
(a)
Which time series plot is correct.
What type of pattern exists in the data?
The data appear to follow a trend pattern.
The data appear to follow a cyclical pattern.
The data appear to follow a seasonal pattern.
The data appear to follow a horizontal pattern.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
