th) multe regression model with dumny variables to development count.for seasonal effects in bed - 1/ Quer there - 18 Quarter 2.0 -11, Frequired, round your three decimal places. For ever give numbers an interesserte lak (300) that we can Valve (a) Cumput the quarterly forecasts for rent years on the model you developed into regard, round your store des place. Do not undermediate abon Quarter forecast Quarter 2 st Quarter for Quarter forecast Quin 12 Quarter V te) Cump the watercolor enter the modele de Quarter forecast (1) is the modelul dintre de deve interest round your intermediate and finalnemer to the Hodel developed in part (1) Model developed in part d) Select your Senty ped in art weddin The president of a small manufacturing firm is concerned about the continual increase in manufacturing costs over the past several years. The following figures provide time series of the cost per unit for the firm's leading product over the past eight years. Click on the datafile logo to reference the data, DATA file Year Cost/Unit (5) Year Cost/Unit (S) 1 20.00 5 26.60 2 24.50 6 30.00 31.00 3 28,20 7 4 27.50 8 36.00 (a) Choose the correct time series plot ) 40 () Cost/Unit (5) Cost/59 20 15 15 10 10 5 5 D 1 3 1 2 5 Yeart) (iii) (iv) 35 30 S Cogl/Unit Cost/Unit 1 15 15 10 10 5 5 0 0 3 4 2 6 5 Year (0) 5 Yeart) Select your answer Select your answer the data? Plot Plot (1) Plot (1) plot (iv) (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, ba MSE Select your answer - What type of pattern exists in the data? - Select your answer - Select your answer - Horizontal Pattern (b) Trend Pattern 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, bi MSE (c) What is the average cost increase that the firm has been realizing per year? Round your interim computations and final answer to two decimal places. (d) Compute an estimate of the cost/unit for next year. If required, round your answer to two decimal places. th) multe regression model with dumny variables to development count.for seasonal effects in bed - 1/ Quer there - 18 Quarter 2.0 -11, Frequired, round your three decimal places. For ever give numbers an interesserte lak (300) that we can Valve (a) Cumput the quarterly forecasts for rent years on the model you developed into regard, round your store des place. Do not undermediate abon Quarter forecast Quarter 2 st Quarter for Quarter forecast Quin 12 Quarter V te) Cump the watercolor enter the modele de Quarter forecast (1) is the modelul dintre de deve interest round your intermediate and finalnemer to the Hodel developed in part (1) Model developed in part d) Select your Senty ped in art weddin The president of a small manufacturing firm is concerned about the continual increase in manufacturing costs over the past several years. The following figures provide time series of the cost per unit for the firm's leading product over the past eight years. Click on the datafile logo to reference the data, DATA file Year Cost/Unit (5) Year Cost/Unit (S) 1 20.00 5 26.60 2 24.50 6 30.00 31.00 3 28,20 7 4 27.50 8 36.00 (a) Choose the correct time series plot ) 40 () Cost/Unit (5) Cost/59 20 15 15 10 10 5 5 D 1 3 1 2 5 Yeart) (iii) (iv) 35 30 S Cogl/Unit Cost/Unit 1 15 15 10 10 5 5 0 0 3 4 2 6 5 Year (0) 5 Yeart) Select your answer Select your answer the data? Plot Plot (1) Plot (1) plot (iv) (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, ba MSE Select your answer - What type of pattern exists in the data? - Select your answer - Select your answer - Horizontal Pattern (b) Trend Pattern 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, bi MSE (c) What is the average cost increase that the firm has been realizing per year? Round your interim computations and final answer to two decimal places. (d) Compute an estimate of the cost/unit for next year. If required, round your answer to two decimal places