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San Diego State University Operations And Supply Chain Management Assignment Help - Data

Question - The following data show the time series of the most recent quarterly capital expenditures (in billions of
dollars) for the 1000 largest manufacturing firms: 24, 25, 23, 24, 22, 26, 28, 31, 29, 32, 37, and 42.
a. Develop a linear trend equation for the time series.
b. Graph the time series and the linear trend equation.
c. What appears to be happening to capital expenditures? W hat is the forecast one year, or four
quarters, into the future?

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