The data set below shows private housing units started per thousand of population in a country over a period of 24 years. Compute a simple centered 5-point moving average series for the housing starts data. Draw a time plot of the smoothed series and comment on your results. Full data set 7 8 9 10 11 7.7 5.8 6.8 7.7 7.5 12 7.0 22 23 24 4.7 4.0 Year 1 2 82 6.5 Starts Year 13 14 15 Starts 10.0 11.6 9.6 3 4 7.1 7.2 16 6.3 Year Moving Average Compute a simple centered 5-point moving average series. Year 1 2 3 4 5 6 7 Moving Average 5 6 8.5 8.3 17 18 19 20 5.8 7.6 9.5 9.7 13 14 15 16 8 17 18 19 20 ooooo (Round to two decimal places as needed.) 21 8.0 5.9 9 CITCO 10 11 12 21 22 23 24 ロロ

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The data set below shows private housing units started per thousand of population in a country over a period of 24 years. Compute a simple centered 5-point moving average series for the
housing starts data. Draw a time plot of the smoothed series and comment on your results.
Full data set
12
7.0
24
5.9 4.7 4.0
Year 1
2
3
Starts 8.2 6.5 7.1
Year 13 14
16 17
Starts 10.0 11.6 9.6 6.3 5.8
15
4 5 6 7 8 9 10 11
7.2 8.5 8.3 7.7 5.8 6.8 7.7 7.5
18 19 20
7.6 9.5 9.7
21 22 23
8.0
Compute a simple centered 5-point moving average series.
Year
1 2
3
4
5 6
7
Moving
Average
Year
Moving
Average
OOOO
8
(Round to two decimal places as needed.)
9
13 14 15 16 17 18 19 20 21 22 23 24
☐
U
GELES
10 11 12
☐
Transcribed Image Text:The data set below shows private housing units started per thousand of population in a country over a period of 24 years. Compute a simple centered 5-point moving average series for the housing starts data. Draw a time plot of the smoothed series and comment on your results. Full data set 12 7.0 24 5.9 4.7 4.0 Year 1 2 3 Starts 8.2 6.5 7.1 Year 13 14 16 17 Starts 10.0 11.6 9.6 6.3 5.8 15 4 5 6 7 8 9 10 11 7.2 8.5 8.3 7.7 5.8 6.8 7.7 7.5 18 19 20 7.6 9.5 9.7 21 22 23 8.0 Compute a simple centered 5-point moving average series. Year 1 2 3 4 5 6 7 Moving Average Year Moving Average OOOO 8 (Round to two decimal places as needed.) 9 13 14 15 16 17 18 19 20 21 22 23 24 ☐ U GELES 10 11 12 ☐
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