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- Table 7 shows the seasonal factors for a monthly time series: Table 7 Month Seasonal Month Factor January -358.1 May February -196.3 June March 12.5 July April 187.4 August Describe the seasonal variation in this time series. Seasonal Factor 487.2 276.1 -27.9 -124.6 Month September October November December Seasonal Factor -136.7 92.6 70.4 -282.6please find any data set. perform descriptive and time series analytics on the dataFor the hawkins company, the monthly percentages of all shipments received on timeover the past 12 months are 80, 82, 84, 83, 83, 84, 85, 84, 82, 83, 84, and 83.a. construct a time series plot. What type of pattern exists in the data?
- Rate 528 715 366 391 815 527 441 976 588 278 559 686 604 498 947 1026 515 474 728 796 493 526 919 1122 304 519 559 453 438 236 176 454 661 361 226 478 381 698 351 157 347 428 554 332 610 279 237 796 365 998 618 523 491 380 804 758 1153 674 731 553 422 552 645 506 480 843 683 682 581 601 493 372 613 836 390 1053 816 936 152 444 695 597 430 920 607 996 452 506 376 282The data for this problem are the air freight shipments (in ton-miles) each month (beginning in January for one year) in the U. S. for 10 years. The following is a time series plot of this data. What are the most important features of this plot? Ton-miles 3000- 2500- 2000- 1500- 1000- 1 Time Series Plot of Ton-miles ܚ ܪܘܐܐܐ ܘ ܚܐ ܀ 12 24 36 48 60 Index 72 84 96 108 120Table 2 shows the statistics for bed count and inpatient service days that Manatee Bay Health Center reported for last year (a non-leap year). The hospital chief operations officer (COO) is meeting with the board of directors next Tuesday for a quarterly meeting. He asked you to figure the hospital's occupancy ratio for the past year. You have been given the statistics in Table 2 to calculate the annual percentage of occupancy for the past year's operations. Table 2 – Manatee Bay Health Center Hospital Bed Count and Inpatient Service Days Manatee Bay Health CenterHospital Bed Count and Inpatient Service Days Time Period Bed Count Inpatient Service Days January 1 – May 31 200…
- Consider the following time series data. Choose the correct time series plot. (i) (ii) (iii) (iv) Plot (ii) What type of pattern exists in the data?Horizontal Pattern Develop a three-week moving average for this time series. Compute MSE and a forecast for week 7. If required, round your answers to two decimal places. Week Time SeriesValue Forecast 1 18 2 13 3 16 4 11 fill in the blank 3 5 17 fill in the blank 4 6 14 fill in the blank 5 MSE: fill in the blank 6The forecast for week 7: fill in the blank 7 Use α = 0.2 to compute the exponential smoothing values for the time series. Compute MSE and a forecast for week 7. If required, round your answers to two decimal places. Week Time SeriesValue Forecast 1 18 2 13 fill in the blank 8 3 16 fill in the blank 9 4 11 fill in the blank 10 5 17 fill in the blank 11 6 14 fill in the blank 12 MSE: fill in the blank 13The forecast for week 7: fill in the blank 1410. The following table gives the number of babies bom in the United States for each month of 1984. The numbers are in thousands. Construct a time series chart to display the data. Month January (month 1) February (month 2) March (month 3) April (month 4) May (month 5) June (month 6) July (month 7) August (month 8) September (month 9) October (month 10) November (month 11) December (month 12) Birth (Thousands) 314 289 291 302 296 297 336 323 329 316 292 311Demand for haircut at PogiPoints Barber Shop has increased steadily for the past few months as seen in the following time series data. Do the necessary computations and choose the best answer that would complete each statement. The demand forecast for Month 6 would be: * A. 565 haircuts B. 574 haircuts C. 578 haircuts D. 584 haircuts
- the values of alabama building contracts (in $ millions) for a 12-month period follow.240 350 230 260 280 320 220 310 240 310 240 230a. construct a time series plot. What type of pattern exists in the data?Which of the time series forecasting methods would not be used to forecast seasonal data?An annual marathon covers a route that has a distance of approximately 26 miles. Winning times for this marathon are all over 2 hours. The following data are the minutes over 2 hours for the winning male runners over two periods of 20 years each. (a) Make a stem-and-leaf display for the minutes over 2 hours of the winning times for the earlier period. Use two lines per stem. (Use the tens digit as the stem and the ones digit as the leaf. Enter NONE in any unused answer blanks. (b) Make a stem-and-leaf display for the minutes over 2 hours of the winning times for the recent period. Use two lines per stem. (Use the tens digit as the stem and the ones digit as the leaf. Enter NONE in any unused answer blanks.) (c) Compare the two distributions. How many times under 15 minutes are in each distribution?