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Consider the following time series data. Week 12 3 4 6 Value 16 12 14 11| 15 13 (a) Construct a time series plot.

Consider the following time series data. Week 12 3 4 6 Value 16 12 14 11| 15 13 (a) Construct a time series plot.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Consider the following time series data. Week 1 2 3 5 6 4 Value 16 12 14 11 15 13 (a) Construct a time series plot. 20 20 20 20 18- 18 18 18 16+ 14 16- 16 16 14 14 14 12 12 12 12 10- 10 10 10 8. 8- 8 8 6. 4- 4 4 2 2 1 3 4 5 7 1 3 4 6 7 1 3 4 6 7 1 3 4 6 7 Week Week Week Week What type of pattern exists in the data? O The data appear to follow a cyclical pattern. The data appear to follow a horizontal pattern. O The data appear to follow a seasonal pattern. O The data appear to follow a trend pattern. (b) Develop the three-week moving average forecasts for this time series. (Round your to two decimal places.) ansvers Time Series Week Forecast Value 1 16 2 12 14 4 11 15 6 13 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for week 7? Time Series Value
Transcribed Image Text:Consider the following time series data. Week 1 2 3 5 6 4 Value 16 12 14 11 15 13 (a) Construct a time series plot. 20 20 20 20 18- 18 18 18 16+ 14 16- 16 16 14 14 14 12 12 12 12 10- 10 10 10 8. 8- 8 8 6. 4- 4 4 2 2 1 3 4 5 7 1 3 4 6 7 1 3 4 6 7 1 3 4 6 7 Week Week Week Week What type of pattern exists in the data? O The data appear to follow a cyclical pattern. The data appear to follow a horizontal pattern. O The data appear to follow a seasonal pattern. O The data appear to follow a trend pattern. (b) Develop the three-week moving average forecasts for this time series. (Round your to two decimal places.) ansvers Time Series Week Forecast Value 1 16 2 12 14 4 11 15 6 13 Compute MSE. (Round your answer to two decimal places.) MSE = What is the forecast for week 7? Time Series Value
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