A Time Series Is Shown in the Table Below A Compute the Five-Day Moving Averages to Remove the Seasonal

question 41

Essay

A time series is shown in the table below: $$\begin{array}{l}\text { Week }\\\begin{array} { | l | c c c c | } \hline \text { Day } & 1 & 2 & 3 & 4 \\\hline \text { Monday } & 16 & 15 & 18 & 21 \\\text { Tuesday } & 22 & 21 & 20 & 25 \\\text { Wednesday } & 20 & 23 & 20 & 24 \\\text { Thursday } & 29 & 28 & 32 & 28 \\\text { Friday } & 35 & 31 & 29 & 36 \\\hline\end{array}\end{array}$$ a. Compute the five-day moving averages to remove the seasonal and random variation.
b. Calculate the seasonal (daily) indexes.
c. What do the daily indexes tell us?
d. Find the regression trend line.
e. Calculate the seasonal indexes, based on the regression trend line developed in (d).

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Definitions:

Transference

The process by which emotions and desires originally associated with one person are unconsciously redirected towards another.

Synchronicity

A concept proposing that events are "meaningful coincidences" if they occur with no causal relationship yet seem to be meaningfully related.

Operationalize

The process of defining a concept so that it can be measured or expressed quantitatively or qualitatively in research.

Psychosexual Stages

A series of stages proposed by Freud through which a child's personality develops, each characterized by a focus on erogenous zones.