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Prepare a time series plot of data

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Reference no: EM133130212

Cisco Systems Total Revenues:2017 - 48,0052018 - 49,3302019 - 51,9042020- 49,3012021 - 49,818 

Perform the given tasks to prepare for the discussion:

  • Prepare a time series plot of these data (years on the x axis, sales on the y axis).
  • Use the first naive model you learned about in Week 1 to forecast data for year 6.
  • Plot the actual data along with your forecast data.
  • Based on your graph of the actual data, do you think there is a trend in the data? Is there any seasonal variation? Please explain your reasoning.

Reference no: EM133130212

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