Question: Use simple linear regression analysis (b) to find the parameters for the line that minimizes MSE for this time series. If required, round your answers


Use simple linear regression analysis (b) to find the parameters for the line that minimizes MSE for this time series. If required, round your answers to two decimal places. yintercept, b0 = (c) What is the forecast for t: 6? If required, round your answer to one decimal place. Consider the following time series. 2 3 4 5 yt 6 11 9 14 15 (a) Choose the correct time series plot. (i) (ii) (iii) (iv) - Select your answer -Plot (i) Plot (ii) Plot (iii) Plot (iv)Item 1 What type of pattern exists in the data? - Select your answer -Positive trend patternHorizontal patternVertical patternNegative trend patternitem 2
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