MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Transcribed Image Text:What type of pattern exists?
The time series plot shows a cyclical pattern.
The time series plot shows a downward trend.
The time series plot shows a horizontal pattern.
O The time series plot shows an upward trend.
(b) Develop a linear and a quadratic trend for this time series. (Round your numerical values to four decimal places.)
linear
TE
quadratic
TE
=
=
Transcribed Image Text:Suppose the following data show the price in dollars for a general admission ticket to a certain theme park from the year 2000 (period 1) to 2017 (period 18).
Price of
Admission
($)
Year Period
Price of Admission ($)
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
80
60
40
20
0-
1
0
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
$43.00
5
$45.00
$47.00
$49.00
$51.75
$56.75
$64.00
$68.00
$72.00
$76.00
$79.00
$82.00
$86.00
$92.00
(a) Construct a time-series plot.
140
120
100-
$96.00
$103.00
$107.00
$112.00
10
Period
15
20
Price of Admission ($)
140 T
120-
100
80
60
40+
20
0
0
5
10
Period
15
20
Price of Admission ($)
140-
120-
100-
80
60+
40
20
0
0
5
10
Period
15
20
Ⓡ
Price of Admission ($)
140-
120+
100-
80
60+
40-
20
0
0
5
10
Period
15
20
Ⓡ
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