456 Value 19 12 15 11 18 13 Week 12 3 Construct a time series plot. What type of pattern exists in t The data appear to follow a trend pattern. The data appear to follow a horizontal pattern. The data appear to follow a seasonal pattern.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.3: Using Data Displays
Problem 26E
icon
Related questions
Question
Consider the following time series data.
1|2||
19 12 15 11 18 13
1
Week
2
(a) Construct a time series plot. What type of pattern exists in the data?
The data appear to follow a trend pattern.
The data appear to follow a horizontal pattern.
The data appear to follow a seasonal pattern.
The data appear to follow a cyclical pattern.
3
Week
(b) Develop the three-week moving average for this time series. (Round your answers to two decimal places.)
4
Value
5
6
Time Series
Value
19
12
15
11
3
18
13
14.67
4
Forecast
12.67
5 6
14.00
What is the forecast for week 7?
14.00
Compute MSE. (Round your answer to two decimal places.)
MSE 13.78
Transcribed Image Text:Consider the following time series data. 1|2|| 19 12 15 11 18 13 1 Week 2 (a) Construct a time series plot. What type of pattern exists in the data? The data appear to follow a trend pattern. The data appear to follow a horizontal pattern. The data appear to follow a seasonal pattern. The data appear to follow a cyclical pattern. 3 Week (b) Develop the three-week moving average for this time series. (Round your answers to two decimal places.) 4 Value 5 6 Time Series Value 19 12 15 11 3 18 13 14.67 4 Forecast 12.67 5 6 14.00 What is the forecast for week 7? 14.00 Compute MSE. (Round your answer to two decimal places.) MSE 13.78
Expert Solution
steps

Step by step

Solved in 4 steps with 5 images

Blurred answer
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning