Consider the following time series data. What type of pattern exists in the data? The time series plot shows a horizontal pattern. The time series plot shows a nonlinear trend. The time series plot shows a linear trend. The time series plot shows a seasonal pattern. (b) Develop the linear trend equation for this time series. [ T_{t}= ] (c) Wha

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Consider the following time series data.  What type of pattern exists in the data? The time series plot shows a horizontal pattern. The time series plot shows a nonlinear trend. The time series plot shows a linear trend. The time series plot shows a seasonal pattern. (b) Develop the linear trend equation for this time series.  [ T_{t}=  ] (c) What is the forecast for  ( t=6  ) ?

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