Question

Consider the following time series. t 1 2 3 4 5 yt 5 10 10 15...

Consider the following time series.

t 1 2 3 4 5
yt 5 10 10 15 14
(a) Choose the correct time series plot.
(i) (ii)
(iii) (iv)
- Select your answer -Plot (i)Plot (ii)Plot (iii)Plot (iv)Item 1
What type of pattern exists in the data?
- Select your answer -Positive trend patternHorizontal stationary patternVertical stationary patternNegative trend patternItem 2
(b) Use simple linear regression analysis to find the parameters for the line that minimizes MSE for this time series.
If required, round your answers to two decimal places.
y-intercept, b0 =
Slope, b1 =
MSE =
(c) What is the forecast for t = 6?
If required, round your answer to one decimal place.

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