The economic crisis of 2008 affected many countries, though some more than others. Some people in Australia have claimed that Australia wasn’t hurt that badly from the crisis. The bank assets (in billions of Australia dollars (AUD)) of the Reserve Bank of Australia (RBA) for the time period of March 2007 through March 2013 are contained in table #2.3.11 ("B1 assets of," 2013). Create a time-series plot and interpret any findings. Table #2.3.11: Data of Date versus RBA Assets Date Assets in billions of AUD Mar-2006 96.9 Jun-2006 107.4 Sep-2006 107.2 Dec-2006 116.2 Mar-2007 123.7 Jun-2007 134.0 Sep-2007 123.0 Dec-2007 93.2 Mar-2008 93.7 Jun-2008 105.6 Sep-2008 101.5 Dec-2008 158.8 Mar-2009 118.7 Jun-2009 111.9 Sep-2009 87.0 Dec-2009 86.1 Mar-2010 83.4 Jun-2010 85.7 Sep-2010 74.8 Dec-2010 76.0 Mar-2011 75.7 Jun-2011 75.9 Sep-2011 75.2 Dec-2011 87.9 Mar-2012 91.0 Jun-2012 90.1 Sep-2012 83.9 Dec-2012 95.8 Mar-2013 90.5
The economic crisis of 2008 affected many countries, though some more than others. Some people in Australia have claimed that Australia wasn’t hurt that badly from the crisis. The bank assets (in billions of Australia dollars (AUD)) of the Reserve Bank of Australia (RBA) for the time period of March 2007 through March 2013 are contained in table #2.3.11 ("B1 assets of," 2013). Create a time-series plot and interpret any findings.
Table #2.3.11: Data of Date versus RBA Assets
|
Date |
Assets in billions of AUD |
|
Mar-2006 |
96.9 |
|
Jun-2006 |
107.4 |
|
Sep-2006 |
107.2 |
|
Dec-2006 |
116.2 |
|
Mar-2007 |
123.7 |
|
Jun-2007 |
134.0 |
|
Sep-2007 |
123.0 |
|
Dec-2007 |
93.2 |
|
Mar-2008 |
93.7 |
|
Jun-2008 |
105.6 |
|
Sep-2008 |
101.5 |
|
Dec-2008 |
158.8 |
|
Mar-2009 |
118.7 |
|
Jun-2009 |
111.9 |
|
Sep-2009 |
87.0 |
|
Dec-2009 |
86.1 |
|
Mar-2010 |
83.4 |
|
Jun-2010 |
85.7 |
|
Sep-2010 |
74.8 |
|
Dec-2010 |
76.0 |
|
Mar-2011 |
75.7 |
|
Jun-2011 |
75.9 |
|
Sep-2011 |
75.2 |
|
Dec-2011 |
87.9 |
|
Mar-2012 |
91.0 |
|
Jun-2012 |
90.1 |
|
Sep-2012 |
83.9 |
|
Dec-2012 |
95.8 |
|
Mar-2013 |
90.5 |
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
