{"id":90001,"date":"2022-08-23T01:36:18","date_gmt":"2022-08-23T01:36:18","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/time-series-modeling-accounting-homework-help\/"},"modified":"2022-08-23T01:36:18","modified_gmt":"2022-08-23T01:36:18","slug":"time-series-modeling-accounting-homework-help","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/time-series-modeling-accounting-homework-help\/","title":{"rendered":"Time series modeling | Accounting homework help"},"content":{"rendered":"<div>\n<p>\u00a0<\/p>\n<p>Time series are particularly useful to track variables such as revenues, costs, and profits over time. Time series models help evaluate performance and make predictions. Consider the following and respond in a minimum of 175 words:<\/p>\n<ul>\n<li>Time series decomposition seeks to separate the time series (Y) into 4 components: trend (T), cycle (C), seasonal (S), and irregular (I). What is the difference between these components?<\/li>\n<li>The model can be additive or multiplicative.When we do use an additive model? When do we use a multiplicative model?<\/li>\n<li>The following list gives the gross federal debt(in millions of dollars) for the U.S. every 5 years from 1945 to 2000:<\/li>\n<\/ul>\n<p>Year\u00a0\u00a0\u00a0\u00a0Gross Federal Debt ($millions)<\/p>\n<p>1945\u00a0\u00a0\u00a0\u00a0260,123<\/p>\n<p>1950\u00a0\u00a0\u00a0\u00a0256,853<\/p>\n<p>1955\u00a0\u00a0\u00a0\u00a0274,366<\/p>\n<p>1960\u00a0\u00a0\u00a0\u00a0290,525<\/p>\n<p>1965\u00a0\u00a0\u00a0\u00a0322,318<\/p>\n<p>1970\u00a0\u00a0\u00a0\u00a0380,921<\/p>\n<p>1975\u00a0\u00a0\u00a0\u00a0541,925<\/p>\n<p>1980\u00a0\u00a0\u00a0\u00a0909,050<\/p>\n<p>1985\u00a0\u00a0\u00a0\u00a01,817,521<\/p>\n<p>1990\u00a0\u00a0\u00a0\u00a03,206,564<\/p>\n<p>1995\u00a0\u00a0\u00a0\u00a04,921,005<\/p>\n<p>2000\u00a0\u00a0\u00a0\u00a05,686,338<\/p>\n<ul>\n<li>Construct a scatter plot with this data. Do you observe a trend? If so, what type of trend do you observe?<\/li>\n<li>Use Excel to fit a linear trend and an exponential trend to the data. Display the models and their respective r^2.<\/li>\n<li>Interpret both models. Which model seems to be more appropriate? Why?<\/li>\n<\/ul>\n<h2>Expert Answer<\/h2>\n<ul>\n<li><img loading=\"lazy\" decoding=\"async\" alt=\"Mayuriyedave's Avatar\" height=\"40\" src=\"https:\/\/c.cheggcdn.com\/assets\/site\/avatars\/02_img-avatar-gry-40x40.png\" width=\"40\"\/>Mayuriyedave answered thisWas this answer helpful?001,168 answersscatteplot of data is,<br \/><img loading=\"lazy\" decoding=\"async\" alt=\"Scatterplot 6000000 5000000 4000000 3000000 Seriesi 2000000 1000000 1940 1950 1960 1970 1980 1990 2000 2010\" src=\"https:\/\/media.cheggcdn.com\/media\/568\/568ff66d-d010-4161-93a8-561738f103c0\/phpA6IrIY.png\" width=\"481\" height=\"289\"\/><br \/>from graph. there is increasing trend i.e. positive trend.<br \/><strong>i)linear trend :<\/strong><br \/><img loading=\"lazy\" decoding=\"async\" alt=\"Scatterplot y = 92131x - 2E+08 R2 = 0.7202 7000000 6000000 5000000 4000000 3000000 2000000 1000000 Series1 Linear (Series1) -\" src=\"https:\/\/media.cheggcdn.com\/media\/027\/02726bad-3ba3-4d47-823f-99fb92c91087\/phpslnBdc.png\" width=\"481\" height=\"289\"\/><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Time series are particularly useful to track variables such as revenues, costs, and profits over time. Time series models help evaluate performance and make predictions. Consider the following and respond in a minimum of 175 words: Time series decomposition seeks to separate the time series (Y) into 4 components: trend (T), cycle (C), seasonal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-90001","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/90001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=90001"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/90001\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=90001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=90001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=90001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}