The following data refers to a realization {x} of a time series {X,} observed over 4 time periods of magnitude 3 seasons.

College Algebra
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Author:Jay Abramson
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Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
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The following data refers to a realization
{a} of a time series {X,} observed
over 4 time periods of magnitude 3,
seasons.
Time period
1
Time period
2
Time period
3
Time period
4
Season Season Season
1
3
20
23
32
37
2
30
34
44
50
32
39
49
55
(a) Obtain the time plot, that is, plot xt
versus t and comment on
the underlying trend and seasonal
components.
(b) (i) Based on the period of the
underlying seasonality, estimate the trend
(m) using moving average method.
(ii) Assuming linear trend, estimate trend
value of season 1 of time period 5.
(iii) Estimate the effect S₁ of season 1.
(iv) Estimate the time series value of
season 1 of time period 5. Indicate
the predicted value on the time plot in
Transcribed Image Text:The following data refers to a realization {a} of a time series {X,} observed over 4 time periods of magnitude 3, seasons. Time period 1 Time period 2 Time period 3 Time period 4 Season Season Season 1 3 20 23 32 37 2 30 34 44 50 32 39 49 55 (a) Obtain the time plot, that is, plot xt versus t and comment on the underlying trend and seasonal components. (b) (i) Based on the period of the underlying seasonality, estimate the trend (m) using moving average method. (ii) Assuming linear trend, estimate trend value of season 1 of time period 5. (iii) Estimate the effect S₁ of season 1. (iv) Estimate the time series value of season 1 of time period 5. Indicate the predicted value on the time plot in
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