Problem 6-25 Consider the following time series data. Choose the correct time series plot. (i)(ii)(iii)(iv) What type of pattern exists in the data? Use a multiple regression model with dum

Consider the following time series data.

Problem 6-25 Consider the following time series data.     Choose the correct time series plot.  (i)(ii)(iii)(iv)   What type of pattern exists in the data?     Use a multiple regression model with dum 1

Choose the correct time series plot

Problem 6-25 Consider the following time series data.     Choose the correct time series plot.  (i)(ii)(iii)(iv)   What type of pattern exists in the data?     Use a multiple regression model with dum 2

Problem 6-25 Consider the following time series data.     Choose the correct time series plot.  (i)(ii)(iii)(iv)   What type of pattern exists in the data?     Use a multiple regression model with dum 3

Problem 6-25 Consider the following time series data.     Choose the correct time series plot.  (i)(ii)(iii)(iv)   What type of pattern exists in the data?     Use a multiple regression model with dum 4

Problem 6-25 Consider the following time series data.     Choose the correct time series plot.  (i)(ii)(iii)(iv)   What type of pattern exists in the data?     Use a multiple regression model with dum 5

What type of pattern exists in the data?

Downward, upward,or horizontal

b.

Use a multiple regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data. Qtr1 = 1 if Quarter 1, 0 otherwise; Qtr2 = 1 if Quarter 2, 0 otherwise; Qtr3 = 1 if Quarter 3, 0 otherwise. If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)

Value = _______+_________Qtr1 + ___________Qtr2+_________Qtr3+_____t

Compute the quarterly forecasts for next year. If required, round your answers to two decimal places.

Quarter 1 forecast =

Quarter 2 forecast =

Quarter 3 forecast =

Quarter 4 forecast =