Question: Looking at tee below Identifying Forecasting Trends, one looks random, one looks like a trend, one looks cyclical, and one looks seasonal. Which is which?
Looking at tee below Identifying Forecasting Trends, one looks random, one looks like a trend, one looks cyclical, and one looks seasonal. Which is which? For which one of the four can you ignore the effects of time? Briefly explain
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The National TP Index Ending 6/30/20 Toilet Paper's Category Rank (Based on Daily Total Category Dollars) 1/2029 4/2019 7/2019 1/2020 4/2120 20 TP CATEGORY RANK 30 40\fcase volumn 1,350,000 1,250,000 1,150,000 1,050,000 950,000 850,000 750,000 650,000 Sparkling Wine & Champagne Case Volume Rises 10 Percent Between 2004 and 2007 550.000 450,000 350,000 02/1 1/04 04/10/04 SOURCE ACNielsen 06/05/04 07/31/04 09/25/04 1/20 01/15/05 03/12 OS 05/07/05 07/02/05 08/27/05 12 weeks ending 10/2 yos 12/17 02/1 1/06 04/08/06 06/03/06 07/ 19106 09/23/08 11 /18 01/13 107Per Capita Fluid Milk Consumption In pounds 1975 - 2014 Source: ERS 250 225 200 175 150 1975 2014 2005 1995 1985
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