Homework SourseGiven is a time series What is the time series demand patter
Given is a time series. What is the time series demand pattern as shown below?
Date
Price
6/26/2012
100.28
6/27/2012
109.7
6/28/2012
105.89
6/29/2012
109.87
7/2/2012
110.01
7/3/2012
113.98
7/5/2012
119.32
7/6/2012
121.76
7/9/2012
123.78
7/10/2012
129.78
7/11/2012
129.74
7/12/2012
135.89
7/13/2012
139.87
7/16/2012
149.38
7/17/2012
146.23
Horizontal
Trend-Downward
Seasonal
Trend and Seasonal
Cyclical
Trend-Upward
| Date | Price |
| 6/26/2012 | 100.28 |
| 6/27/2012 | 109.7 |
| 6/28/2012 | 105.89 |
| 6/29/2012 | 109.87 |
| 7/2/2012 | 110.01 |
| 7/3/2012 | 113.98 |
| 7/5/2012 | 119.32 |
| 7/6/2012 | 121.76 |
| 7/9/2012 | 123.78 |
| 7/10/2012 | 129.78 |
| 7/11/2012 | 129.74 |
| 7/12/2012 | 135.89 |
| 7/13/2012 | 139.87 |
| 7/16/2012 | 149.38 |
| 7/17/2012 | 146.23 |
Solution
Ans F
The values are showing trend upwards as value has increased from 100.28 to 146.23 and is constantly going up barring few dips in between.
