Question: The previous problems contain time series data. In a time series, data may change as time passes, but why the data is changing is not

The previous problems contain time series data. In a time series, data may change as time passes, but why the data is changing is not accounted for in the pattern.Data can follow a pattern:

level or horizontal pattern no change in data values.

trend pattern progressively increasing or decreasing

seasonal pattern regular repeating pattern

Regression can be used to establish a reason for why data is changing.

In this problem, the company believes that the amount they spend on advertising will cause the retail sales to change. The previous problems contain time series data.

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