Compute seasonal indices, a. Plot the above series and

Compute seasonal indices

Assignment Help Basic Statistics

Reference no: EM131798490

Revenue passenger-miles are calculated by multiplying the number of paying passengers by the distance flow n in thousands. The accompanying table shows a portion of monthly data on revenue passenger miles (in millions) from January 2006 through September 2010; the full data set can be found on the text website, labeled Revenue Passenger-Miles.

2440_Revenue passenger-miles.png

a. Plot the above series and comment on its trend and seasonal variations.

b. Compute seasonal indices and use them to seasonally adjust the series.

c. Fit the appropriate trend model to the seasonally adjusted series.

d. Use decomposition analysis to make monthly forecasts for the last three months of 2010.

Reference no: EM131798490

Questions Cloud

Calculate the total costs in keeping the old machine : Calculate the total costs in keeping the old machine and purchase a new machine

Slight indication of an increase : While U.S. inventory levels remain low, there is a slight indication of an increase in the U.S. business inventory-to-sales ratio

Find the number of atoms n that are still radioactive : Using the fact that the constant of integration is 0, integrate dn/dt to find the number of atoms n that are still radioactive after time t.

What is the elasticity of demand : What is the elasticity of demand when the price is $1000 and the quantity demanded is 595?

Compute seasonal indices : a. Plot the above series and comment on its trend and seasonal variations. b. Compute seasonal indices and use them to seasonally adjust the series.

Create a homepage and an online advertisement : WT1110 - create a homepage and an online advertisement and you are required to compile the designs created in Project Part 1 in a PDF and a Web portfolio

Define risk aversion : Define risk aversion. Are there different degrees of risk aversion among different investors

Estimate a linear trend model with seasonal dummies : a. Estimate a linear trend model with seasonal dummies. b. Estimate an exponential trend model with seasonal dummies.

What is the revenue in dollars from the sale of 100 units : What is the revenue in dollars from the sale of 100 units of the product?

User Account

All Pages