A certain company has been an authorized dealer for C&D marine radios for the past seven years. The following table reports the number of radios sold each year. Number (a) Construct a time series plot. Number Sold O 140 120- 100+ 80- Year 60+ 00 40 20 Sold 34 50 76 90 106 109 130 0- 0 1 2 3 4 Year 6 6 7 140₁ 120+ 100- 80- 60+ 00 40 20 0 0 1 2 3 Does a linear trend appear to be present? O No trend pattern appears to be present in the time series plot. An upward linear trend pattern appears to be present in the time series plot. O A trend pattern appears to be present in the time series plot, but it's a quadratic trend. O A downward linear trend pattern appears to be present in the time series plot. 4 Year 5 6 7 140 120- 100 80 C 60 40 20 0 1 Number Sold 0 (b) Using statistical software, develop a linear trend equation for this time series. (Round your numerical values to two decimal places.) T₂= 2 (c) Use the linear trend equation developed in part (b) to develop a forecast for annual sales in year 8. (Round your answer to the nearest integer.) radios 3 4 5 6 Year Number Sold 140- 120+ 100+ 80 60+ 40 20 0- 0 1 3 4 Year 5 7 8 @
A certain company has been an authorized dealer for C&D marine radios for the past seven years. The following table reports the number of radios sold each year. Number (a) Construct a time series plot. Number Sold O 140 120- 100+ 80- Year 60+ 00 40 20 Sold 34 50 76 90 106 109 130 0- 0 1 2 3 4 Year 6 6 7 140₁ 120+ 100- 80- 60+ 00 40 20 0 0 1 2 3 Does a linear trend appear to be present? O No trend pattern appears to be present in the time series plot. An upward linear trend pattern appears to be present in the time series plot. O A trend pattern appears to be present in the time series plot, but it's a quadratic trend. O A downward linear trend pattern appears to be present in the time series plot. 4 Year 5 6 7 140 120- 100 80 C 60 40 20 0 1 Number Sold 0 (b) Using statistical software, develop a linear trend equation for this time series. (Round your numerical values to two decimal places.) T₂= 2 (c) Use the linear trend equation developed in part (b) to develop a forecast for annual sales in year 8. (Round your answer to the nearest integer.) radios 3 4 5 6 Year Number Sold 140- 120+ 100+ 80 60+ 40 20 0- 0 1 3 4 Year 5 7 8 @
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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