Suppose the following data shows a company's annual revenue from 2008 (period 1) to 2017 (period 10) in billions of dollars. Annual Revenue ($ billions) Year Period O 2008 2009 2010 2011 2012 2013 2014 2015 2016 120- 100- 1 80 60+ 40 2 20 3 4 5 6 2017 10 (a) Construct a time-series plot. 7 8 9 Annual Revenue ($ billions) $20.80 $22.65 $28.32 $37.91 $50.18 $54.50 $66.00 $73.99 $90.27 $110.86 0 0 1 2 3 4 5 5 6 7 8 9 10 11 Period. What type of pattern exists? O The time series plot shows a horizontal pattern. The time series plot indicates curvature in the data. O The time series plot indicates a linear pattern. O The time series plot shows a cyclical pattern. Annual Revenue ($ billions) 120- 100- 80 60 40- 20 0 0 1 2 3 4 5 6 7 8 9 10 11 Period (b) Develop a quadratic trend equation. (Round your numerical values to four decimal places.) T-17.4410+2.0753r+0.6933² Annual Revenue ($ billions) 120T 100+ 80+ 60 40 20 0 0 1 2 3 4 5 6 7 8 9 10 11 Period. Annual Revenue ($ billions) O 120 T 100+ 80 89 90° 60 40 20 0 1 2 3 4 5 6 7 8 9 10 Period
Suppose the following data shows a company's annual revenue from 2008 (period 1) to 2017 (period 10) in billions of dollars. Annual Revenue ($ billions) Year Period O 2008 2009 2010 2011 2012 2013 2014 2015 2016 120- 100- 1 80 60+ 40 2 20 3 4 5 6 2017 10 (a) Construct a time-series plot. 7 8 9 Annual Revenue ($ billions) $20.80 $22.65 $28.32 $37.91 $50.18 $54.50 $66.00 $73.99 $90.27 $110.86 0 0 1 2 3 4 5 5 6 7 8 9 10 11 Period. What type of pattern exists? O The time series plot shows a horizontal pattern. The time series plot indicates curvature in the data. O The time series plot indicates a linear pattern. O The time series plot shows a cyclical pattern. Annual Revenue ($ billions) 120- 100- 80 60 40- 20 0 0 1 2 3 4 5 6 7 8 9 10 11 Period (b) Develop a quadratic trend equation. (Round your numerical values to four decimal places.) T-17.4410+2.0753r+0.6933² Annual Revenue ($ billions) 120T 100+ 80+ 60 40 20 0 0 1 2 3 4 5 6 7 8 9 10 11 Period. Annual Revenue ($ billions) O 120 T 100+ 80 89 90° 60 40 20 0 1 2 3 4 5 6 7 8 9 10 Period
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 1P
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![Suppose the following data shows a company's annual revenue from 2008 (period 1) to 2017 (period 10) in billions of dollars.
Annual Revenue
($ billions)
Year Period
Annual Revenue ($ billions)
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
120
100
80
60
40
20
0
1
0
2
(a) Construct a time-series plot.
3
4
5
6
7
8
9
10
1 2
3
4
$20.80
$22.65
$28.32
$37.91
$50.18
$54.50
$66.00
$73.99
$90.27
$110.86
5
Period
6
7 8 9 10 11
What type of pattern exists?
O The time series plot shows a horizontal pattern.
The time series plot indicates curvature in the data.
O The time series plot indicates a linear pattern.
O The time series plot shows a cyclical pattern.
2
T= 17.4410+ 2.0753t+ 0.6933+²
T:
☹
X
Annual Revenue ($ billions)
120 T
100+
80-
60-
40+
20+
0+
0
1 2
3
4
(b) Develop a quadratic trend equation. (Round your numerical values to four decimal places.)
5
Period
6
7
8
9 10 11
120
100
80-
60
40
20
0
01
2 3 4
6 7 8 9 10 11
5
Period
O
✓
120 T
100
80
60
40
20
0
0 1 2 3 4 5 6 7 8 9 10 11
Period
Ⓡ](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9402dae5-21a3-4dc7-9cf5-c78b86597c29%2F8f802e8d-cd10-4609-8c34-91fd7307d5d9%2Fdfpjei_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose the following data shows a company's annual revenue from 2008 (period 1) to 2017 (period 10) in billions of dollars.
Annual Revenue
($ billions)
Year Period
Annual Revenue ($ billions)
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
120
100
80
60
40
20
0
1
0
2
(a) Construct a time-series plot.
3
4
5
6
7
8
9
10
1 2
3
4
$20.80
$22.65
$28.32
$37.91
$50.18
$54.50
$66.00
$73.99
$90.27
$110.86
5
Period
6
7 8 9 10 11
What type of pattern exists?
O The time series plot shows a horizontal pattern.
The time series plot indicates curvature in the data.
O The time series plot indicates a linear pattern.
O The time series plot shows a cyclical pattern.
2
T= 17.4410+ 2.0753t+ 0.6933+²
T:
☹
X
Annual Revenue ($ billions)
120 T
100+
80-
60-
40+
20+
0+
0
1 2
3
4
(b) Develop a quadratic trend equation. (Round your numerical values to four decimal places.)
5
Period
6
7
8
9 10 11
120
100
80-
60
40
20
0
01
2 3 4
6 7 8 9 10 11
5
Period
O
✓
120 T
100
80
60
40
20
0
0 1 2 3 4 5 6 7 8 9 10 11
Period
Ⓡ
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