The number of users of FACEBOOK from 2004 through 2011 follows (FACEBOOK website, April 16, 2012). a.
Question:
a. Construct a time series plot. What type of pattern exists?
b. Using Minitab or excel, develop a quadratic trend equation.
Transcribed Image Text:
Year 2004 2005 2006 2007 2008 2009 2010 2011 Period Users (Millions) 12 58 145 360 608 845
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a The time series plot indicates curvature in the data b ...View the full answer
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Related Book For
Statistics For Business & Economics
ISBN: 9781305585317
13th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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