Chat with us, powered by LiveChat The time series plot shown below describes actual quarterly sales for a department store over a 6-year period. | Wridemy

The time series plot shown below describes actual quarterly sales for a department store over a 6-year period.

The time series plot shown below describes actual quarterly sales for a department store over a 6-year period. 

 

  1. The forecaster decided that there is an exponential trend in the series. In order to fit a regression-based model that accounts for this trend, which of the following operations must be performed?
  • Take a logarithm of the Quarter index
  • Take a logarithm of sales
  • Take an exponent of sales
  • Take an exponent of Quarter index

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