Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member.
Due Day 3
Time series are particularly useful to track variables such as revenues, costs, and profits over time. Time series models help evaluate performance and make predictions. Consider the following and respond in a minimum of 175 words:
- Time series decomposition seeks to separate the time series (Y) into 4 components: trend (T), cycle (C), seasonal (S), and irregular (I). What is the difference between these components?
- The model can be additive or multiplicative.When we do use an additive model? When do we use a multiplicative model?
- The following list gives the gross federal debt(in millions of dollars) for the U.S. every 5 years from 1945 to 2000:
Year Gross Federal Debt ($millions)
1945 260,123
1950 256,853
1955 274,366
1960 290,525
1965 322,318
1970 380,921
1975 541,925
1980 909,050
1985 1,817,521
1990 3,206,564
1995 4,921,005
2000 5,686,338
- Construct a scatter plot with this data. Do you observe a trend? If so, what type of trend do you observe?
- Use Excel to fit a linear trend and an exponential trend to the data. Display the models and their respective r^2.
- Interpret both models. Which model seems to be more appropriate? Why?
GET SOLUTION FOR THIS ASSIGNMENT, Get Impressive Scores in Your Class
TO BE RE-WRITTEN FROM THE SCRATCH
GET SOLUTION FOR THIS ASSIGNMENT
TO BE RE-WRITTEN FROM THE SCRATCH
- Original and non-plagiarized custom papers- Our writers develop their writing from scratch unless you request them to rewrite, edit or proofread your paper.
- Timely Delivery– primewritersbay.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
- Customer satisfaction- Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
- Confidential- It’s secure to place an order at primewritersbay.com We won’t reveal your private information to anyone else.
- Writing services provided by experts- Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
- Enjoy Please Note-You have come to the most reliable academic writing site that will sort all assignments that that you could be having. We write essays, research papers, term papers, research proposals ntroduction to the Problem section of an educational report, you will introduce the reader to the problem of practice
Get Professionally Written Papers From The Writing Experts
