Steps: 1. Select recent case study with time series price data which includes one items to be analysed. You can use a data from your area of specialization (accounting) and excel software.
- Use sample size, which is not more than 15 and not less than 10 observations.
- After reading section 16.1 from your both eBook and slides, identify the following for your dataset: i. Time series component. You can draw line chart to support your answer. ii. Compute the simple Index number for your data (use period one (year, day,…etc.) as a base period). iii. Determine the actual percentage growth between the base period and the tenth period in your data. iv. Determine the actual percentage growth between period six and the tenth period in your data.