Consider the Following Time Series Data A Construct a Time Series Plot

question 15

Essay

Consider the following time series data: $$\begin{array} { | c | c | } \hline \boldsymbol { t } & \boldsymbol { y } \boldsymbol { t } \\\hline 1 & 0.345 \\\hline 2 & 0.366 \\\hline 3 & 0.398 \\\hline 4 & 0.356 \\\hline 5 & 0.456 \\\hline 6 & 0.478 \\\hline 7 & 0.543 \\\hline 8 & 0.596 \\\hline 9 & 0.634 \\\hline 10 & 0.698 \\\hline\end{array}$$
a. Construct a time series plot. What type of pattern exists in the data?
b. Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.
c. What is the forecast for t = 11?

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Equity

Fair treatment and distribution of resources, or in finance, the value of an ownership interest in property, including shareholders' equity in a corporation.

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The ability to achieve maximum productivity with minimum wasted effort or expense.

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Modular and progressive units of learning or competency development designed to build upon one's abilities or mastery of specific skills.

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