Sestions Problem 08-17 Algo (Using Regression Analysis for Forecasting Consider the following time series, 1 2 3 4 YE 10 8 13 15 8 (a) Choose the correct time series plot. 9 00) (ii) 10 16 14 12 10 58 16 14 12 10 2 0 (iv) 16 14 12 10 16 14 12 10 4 Select your answer What type of pattern exists in the data (1) emplear regression analysis to find the parameters for the line that is for this time series round you to two deca place GT 601 - Assignments. Option 2 (Rattle notre predictive Analytics 0 1 02 0 S 2 3 4 5 (iii) (iv) 16 14 12 10 16 14 12 10 58 6 Select your answer What type of pattern wists in the data? Select your answer (b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. If required, round your answers to two decimal places. y Intercept, bo- Slope, b: MSE- (c) What is the forecast for t-6? If required, round your answer to one decimal place. Problem 08-17 Ale(Usine Rei Analne