Quarter Year 1 Year 2 Year 3 1 4 6 7 2 2 3 3 4 Construct a time series plot. 10 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 41 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year/Quarter Year/Quarter Year/Quarter Year/Quarter What type of pattern exists in the data? O The time series plot indicates only a linear trend. O The time series plot indicates neither a linear trend nor a seasonal pattern. The time series plot indicates only a seasonal pattern. O The teaTOnal onttern Time Series Value

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Consider the following time series data.
Quarter
Year 1
Year 2
Year 3
1
4
6
2
6
3
6.
7
(a) Construct a time series plot.
10-
1 2 3 4 1 2 3 4 1
2 3 4
1 2 3 4 123 4 1 2 3 4
1 2 3 4 1 2 3 4 1 2 3 4
1 2 3 4 1 2 3 4 1 2 3 4
Year 1
Year 2
Year 3
Year 1
Year 2
Year 3
Year 1
Year 2
Year 3
Year 1
Year 2
Year 3
Year/Quarter
Year/Quarter
Year/Quarter
Year/Quarter
What type of pattern exists in the data?
O The time series plot indicates only a linear trend.
O The time series plot indicates neither a linear trend nor a seasonal pattern.
O The time series plot indicates only a seasonal pattern.
O The time series plot indicates a linear trend and a seasonal pattern.
Time Series Value
Transcribed Image Text:Consider the following time series data. Quarter Year 1 Year 2 Year 3 1 4 6 2 6 3 6. 7 (a) Construct a time series plot. 10- 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 123 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year/Quarter Year/Quarter Year/Quarter Year/Quarter What type of pattern exists in the data? O The time series plot indicates only a linear trend. O The time series plot indicates neither a linear trend nor a seasonal pattern. O The time series plot indicates only a seasonal pattern. O The time series plot indicates a linear trend and a seasonal pattern. Time Series Value
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