(b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. (Round your numerical values to two decimal places.) Yt= (c) What is the forecast for t = 8? (Round your answer to one decimal place.)
(b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. (Round your numerical values to two decimal places.) Yt= (c) What is the forecast for t = 8? (Round your answer to one decimal place.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:(b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series. (Round your numerical values to two decimal places.)
Y₁ =
(c) What is the forecast for t = 8? (Round your answer to one decimal place.)

Transcribed Image Text:The following time series shows the number of junk email messages that Ashar Nazir has received in each of the most recent seven months.
56 7
Time Series Value
t
Time Series Value
Yt
(a) Construct a time series plot.
140
120
100
80
60
40
20
0
0
140
120
100
80
60
40
20
0
1
0
2
122 111 102
+
1
+
1
3
+
2
2
4
97 93 92 90
3 4 5 6
Time Period (t)
3 4 5
Time Period (t)
What type of pattern exists in the data?
6
H
7 8
7
The time series plot shows a linear trend.
O The time series plot shows a seasonal pattern.
O The time series plot shows a horizontal pattern.
O The time series plot shows a nonlinear trend.
8
ⓇO
Ⓡ
Time Series Value
140 T
120
100
80
60
40
20
0
0
+
1
2
+
3 4 5
Time Period (t)
6
7 8
O
Time Series Value
140 T
120
100-
80
60
40
20
0
0
+
1
+
2
3
4 5
Time Period (t)
6
+
7
8
A
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 25 images

Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman