Here is a timeplot of each monthly load factor for domestic flights for 2002 to 2017 along with a lowess smooth Answer parts a and b. A Click the icon to view the timeplot. Timeplot a) Describe the patterns you see in this plot. O A. The load factors have been increasing at a constant rate. O B. The load factors have been decreasing at a constant rate. 82.5 O C. The load factors have been increasing steadily O D. The load factors have been decreasing steadily 75.0- b) Do you expect the overall pattern to continue for another decade? Why or why not? 67.5 O A. No. These are percentages, so they can't exceed 100%. Moreover, we have no reason to believe this trend will continue O B. No. These are percentages, so they can't exceed twice the beginning value Moreover, we have no reason to believe this trend will continue 2004 2008 2012 2016 Decimal Year O C. Yes. These values can keep increasing for exactly another decade because these percentages cannot exceed the decade. O D. Yes. These values can keep increasing to an infinite value because there is no limit to this pattern Print Done
Here is a timeplot of each monthly load factor for domestic flights for 2002 to 2017 along with a lowess smooth Answer parts a and b. A Click the icon to view the timeplot. Timeplot a) Describe the patterns you see in this plot. O A. The load factors have been increasing at a constant rate. O B. The load factors have been decreasing at a constant rate. 82.5 O C. The load factors have been increasing steadily O D. The load factors have been decreasing steadily 75.0- b) Do you expect the overall pattern to continue for another decade? Why or why not? 67.5 O A. No. These are percentages, so they can't exceed 100%. Moreover, we have no reason to believe this trend will continue O B. No. These are percentages, so they can't exceed twice the beginning value Moreover, we have no reason to believe this trend will continue 2004 2008 2012 2016 Decimal Year O C. Yes. These values can keep increasing for exactly another decade because these percentages cannot exceed the decade. O D. Yes. These values can keep increasing to an infinite value because there is no limit to this pattern Print Done
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:Here is a timeplot of each monthly load factor for domestic flights for 2002 to 2017 along with a lowess smooth Answer parts a and b.
A Click the icon to view the timeplot.
Timeplot
a) Describe the patterns you see in this plot.
O A. The load factors have been increasing at a constant rate.
OB.
The load factors have been decreasing at a constant rate
82.5
Oc.
The load factors have been increasing steadily
O D. The load factors have been decreasing steadily.
75.0
b) Do you expect the overall pattern to continue for another decade? Why or why not?
67.5
O A. No. These are percentages, so they can't exceed 100% Moreover, we have no reason to believe this trend will continue
O B. No. These are percentages, so they can't exceed twice the beginning value. Moreover, we have no reason to believe this trend will continue
2004
2008
2012
2016
Decimal Year
O C. Yes. These values can keep increasing for exactly another decade because these percentages cannot exceed the decade
O D. Yes. These values can keep increasing to an infinite value because there is no limit to this pattern
Print
Done
Expert Solution
Step 1
Given that,
the time plot of each monthly load factor for domestic fights for 2002 to 2017.
Time plot
A time plot sometimes called a time series graph displays values against time. A time plot is a line plot showing the evolution of the time series over time. We can use it as the starting point of the analysis to get some basic understanding of the data, for example in terms of trend/seasonality/ outliers, etc.
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