1. Identify and describe with an example the following trend series:
a. Horizontal
b. Seasonal
c. Trend + Seasonal
d. Trend
2. Describe and provide an example of three types of forecasts described in your Zybook.
3. Several tools are used for quantitative analysis – your book focuses on Excel. You have been exposed to R in several of the chapters and Tableau is another great tool for analysis and visualization. Answer the following questions:
a) How does Tableau differ from Excel? When would you use Tableau over Excel?
b) How does R differ from Excel? When would you use R over Excel?
c) What does it mean to say that Tableau is a superb tool for data visualization?
d) Why do we say R is both a programming language and a data manipulation and analysis tool?