Question 1
Explain what you understand about correlation and regression.
A table to represent the data collected.
Suitable graphical representation of the data collected.
Calculate the product moment of correlation, r. Give a brief comment on the result of your calculation.
Determine the regression line.
Plot the regression line on the same graph paper and Microsoft Excel.
Question 2
Explain in detail the four components of the time series with relevant examples.
Using the data you collected in question 1, construct a time series graph using Microsoft Excel.
Calculate a three-quarter moving average
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