Question: The above figure is a time series plot for a monthly data: a) From the graph, what can you say about this time series

The above figure is a time series plot for a monthly data: a) From the graph, what can you say about this time series data? b) What model(s) do you suggest for forecasting y 600 500- 400 300 200 100- 1 13 26 Time Series Plot of y 39 52 65 78 Index 91 104 117 130
Step by Step Solution
3.58 Rating (144 Votes )
There are 3 Steps involved in it
From the above graph we time series see that has incresing trend This means that the seri... View full answer
Get step-by-step solutions from verified subject matter experts
