The dataset in the below table represents the 4-month profits (in million $) of real estate company that operates in Egypt over the period of time between 2014-2018. I II III 2014 15.6 20.4 29.4 2015 13.8 23.2 35 2016 17.8 19.4 30.6 2017 21.4 24.8 33.6 2018 18.4 27.2 34.2 Answer the following questions: 1. Find the seasonal indices for the company’s profits and comment on the results. 2. Find the deseasonalized values of company’s profits and compare it to the actual values graphically. Comment on the results. 3. By using the deseasonalized values obtained in (2), determine the simple linear trend equation. And comment on the results. 4. Predict the expected value of company’s profit in summer 2019 which includes the effects of all the components of time series. And comment on the results

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 2CYU
icon
Related questions
Question

Question Four
The dataset in the below table represents the 4-month profits (in million $) of real estate company
that operates in Egypt over the period of time between 2014-2018.
I II III
2014 15.6 20.4 29.4
2015 13.8 23.2 35
2016 17.8 19.4 30.6
2017 21.4 24.8 33.6
2018 18.4 27.2 34.2
Answer the following questions:
1. Find the seasonal indices for the company’s profits and comment on the results.
2. Find the deseasonalized values of company’s profits and compare it to the actual values
graphically. Comment on the results.
3. By using the deseasonalized values obtained in (2), determine the simple linear trend equation.
And comment on the results.
4. Predict the expected value of company’s profit in summer 2019 which includes the effects of all
the components of time series. And comment on the results

Question Four
The dataset in the below table represents the 4-month profits (in million $) of real estate company
that operates in Egypt over the period of time between 2014-2018.
II
II
2014
15.6
20.4
29.4
2015
13.8
23.2
35
2016
17.8
19.4
30.6
2017
21.4
24.8
33.6
2018
18.4
27.2
34.2
Answer the following questions:
1. Find the seasonal indices for the company's profits and comment on the results.
2. Find the deseasonalized values of company's profits and compare it to the actual values
graphically. Comment on the results.
3. By using the deseasonalized values obtained in (2), determine the simple linear trend equation.
And comment on the results.
4. Predict the expected value of company's profit in summer 2019 which includes the effects of all
the components of time series. And comment on the results.
Transcribed Image Text:Question Four The dataset in the below table represents the 4-month profits (in million $) of real estate company that operates in Egypt over the period of time between 2014-2018. II II 2014 15.6 20.4 29.4 2015 13.8 23.2 35 2016 17.8 19.4 30.6 2017 21.4 24.8 33.6 2018 18.4 27.2 34.2 Answer the following questions: 1. Find the seasonal indices for the company's profits and comment on the results. 2. Find the deseasonalized values of company's profits and compare it to the actual values graphically. Comment on the results. 3. By using the deseasonalized values obtained in (2), determine the simple linear trend equation. And comment on the results. 4. Predict the expected value of company's profit in summer 2019 which includes the effects of all the components of time series. And comment on the results.
Expert Solution
steps

Step by step

Solved in 10 steps with 12 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill