Interpret the time plot. What are the components you can observe in the time series plot? Is the data stationary? Explain

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Interpret the time plot. What are the components you can observe in the time series plot?

Is the data stationary? Explain

Quarterly Consumption of Palm Oil (in million metric tons)
in the Philippines from 2000 – 2017
500 -
400 -
300 -
200 -
100 -
2000
2005
2010
2015
Time
million metric tons
Transcribed Image Text:Quarterly Consumption of Palm Oil (in million metric tons) in the Philippines from 2000 – 2017 500 - 400 - 300 - 200 - 100 - 2000 2005 2010 2015 Time million metric tons
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