YearPeriodBudget($ billions)198813.03198923.29199033.56199144.31199254.46199364.51199474.65199585.15199695.341997105.661998116.011999126.302000136.482001146.752002156.662003166.882004176.982005187.652006198.482007208.572008218.762009228.532010238.232011248.86 101010998887-7+7+532-2-2-111++++H+++++H51015202510152025101525PeriodPeriodPeriod108-76.52-++H10152025PeriodWhat type of pattern exists in the data?The time series plot shows a seasonal pattern.The time series plot shows a linear trend.The time series plot shows a nonlinear trend.The time series plot shows a horizontal pattern.(b) Develop a linear trend equation for this time series to forecast the budget (in billions of dollars). (Round your numerical values to three decimal places.)Tt =(c) What is the forecast (in billions of dollars) for period 25? (Round your answer to two decimal places.)Budget ($ billions)Budget ($ billions)Budget ($ billions)Budget ($ billions)20

Name: YearPeriodBudget($ billions)198813.03198923.29199033.56199144.31199254
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Description: YearPeriodBudget($ billions)198813.03198923.29199033.56199144.31199254.46199364.51199474.65199585.15199695.341997105.661998116.011999126.302000136.482001146.752002156.662003166.882004176.982005187.652006198.482007208.572008218.762009228.532010238.232

Scatter plot: On observing the plot, the time series plot shows linear trend. Therefore, the…

Answered: Year Period Budget ($ billions) 1988…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Year	Period	Budget ($ billions)
1988	1	3.03
1989	2	3.29
1990	3	3.56
1991	4	4.31
1992	5	4.46
1993	6	4.51
1994	7	4.65
1995	8	5.15
1996	9	5.34
1997	10	5.66
1998	11	6.01
1999	12	6.30
2000	13	6.48
2001	14	6.75
2002	15	6.66
2003	16	6.88
2004	17	6.98
2005	18	7.65
2006	19	8.48
2007	20	8.57
2008	21	8.76
2009	22	8.53
2010	23	8.23
2011	24	8.86