Question

Consider the following time series: t12345 6 11 9 14 15 a. Construct a time series plot. What type of pattern exists in the data

Answer 1

Kindly check explanation and attached picture

Explanation:

Given the time-series data:

Time (x) : 1 - - 2 - - 3 - - - 4 - - - 5

Data (yt) :6 - - 11 - - 9 - - 14 - - 15

The pattern which exists within the data is a linear pattern which could be inferred through the observable decrement and Incremental change in the y values at a steady or constant rate with time. The second attachment shows the linear trend line of the data.