Answer Happy

Annual retail store revenue for a technology company from 2007 to 2017 are shown below. (a) Construct a time series olot. 20 What type of pattern exists in the data? The time series plot shows a cyclical pattern. The time series plot shows a horizontal pattern. The time series plot shows a downward trend. The time series plot shows an upward trend. (b) Using statistical software, develop a linear trend equation for this time series to forecast revenue (in $ billions). (Round your numerical values to four decimal places.) Tt​= (c) Use the trend equation developed in part (b) to forecast retail store revenue (in $ billions) for 2018 . (Round your answer to one decimal place.) $ billion