A time series plot of a period of time (in weeks) versus sales is shown below. Which of the following data patterns best describes the scenario shown? a. Time series with a linear trend pattern b. Time series with a seasonal pattern c. Time series with no pattern d. Time series with a horizontal pattern

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.6: Permutations And Combinations
Problem 30E
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A time series plot of a period of time (in weeks) versus sales is shown below. Which of the following data patterns best describes the scenario shown?

a. Time series with a linear trend pattern
b. Time series with a seasonal pattern
c. Time series with no pattern
d. Time series with a horizontal pattern

 

100
90
80
70
60
50
40
30
10
1
2
3
4
5
6
7
8
10
11
12
Week
Sales ($1000)
20
Transcribed Image Text:100 90 80 70 60 50 40 30 10 1 2 3 4 5 6 7 8 10 11 12 Week Sales ($1000) 20
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