# Review the scatter plot of the store’s sales from 2010

Question # 00842091 Posted By: wildcraft Updated on: 06/02/2023 05:23 AM Due on: 06/02/2023
Subject Accounting Topic Accounting Tutorials:
Question

Review the scatter plot of the store’s sales from 2010 through 2021.

• 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?
• The model can be additive or multiplicative. When do you use each?
• Review the scatter plot of the exponential trend of the time series data. Do you observe a trend? If so, what type of trend do you observe?
• What predictions might you make about the store’s annual sales over the next few years?

## Chart

Sales

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 260123 256853 274366 290525 322318 380921 541925 909050 1817521 3206564 4921005 5686338

## Data

 Fiscal Year Sales 2010 260,123 2011 256,853 2012 274,366 2013 290,525 2014 322,318 2015 380,921 2016 541,925 2017 909,050 2018 1,817,521 2019 3,206,564 2020 4,921,005 2021 5,686,338
Tutorials for this Question
1. ## Solution: Review the scatter plot of the store’s sales from 2010

Tutorial # 00837552 Posted By: wildcraft Posted on: 06/02/2023 05:24 AM
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