Annual production (in millions) of computer chips in a large electronics company was recorded, as shown below. $$\begin{array} { | c | c c | }
\hline \text { Year } & t & \text { Production } \
\hline 1990 & 1 & 26 \
1991 & 2 & 23 \
1992 & 3 & 21 \
1993 & 4 & 25 \
1994 & 5 & 32 \
1995 & 6 & 38 \
1996 & 7 & 43 \
1997 & 8 & 36 \
1998 & 9 & 29 \
1999 & 10 & 25 \
\hline
\end{array}$$ a. Calculate the percentage of trend for each time period.
b. Plot the percentage of trend.
c. Describe the cyclical effect (if there is one).

Question

Annual production (in millions) of computer chips in a large electronics company was recorded, as shown below. $$\begin{array} { | c | c c | } 
\hline \text { Year } & t & \text { Production } \
\hline 1990 & 1 & 26 \
1991 & 2 & 23 \
1992 & 3 & 21 \
1993 & 4 & 25 \
1994 & 5 & 32 \
1995 & 6 & 38 \
1996 & 7 & 43 \
1997 & 8 & 36 \
1998 & 9 & 29 \
1999 & 10 & 25 \
\hline
\end{array}$$ a. Calculate the percentage of trend for each time period.
b. Plot the percentage of trend.
c. Describe the cyclical effect (if there is one).

Quizplus · Accepted Answer

The Answer of Annual production (in millions) of computer chips in a large electronics company was recorded, as shown below. $$\begin{array} { | c | c c | } 
\hline \text { Year } & t & \text { Production } \
\hline 1990 & 1 & 26 \
1991 & 2 & 23 \
1992 & 3 & 21 \
1993 & 4 & 25 \
1994 & 5 & 32 \
1995 & 6 & 38 \
1996 & 7 & 43 \
1997 & 8 & 36 \
1998 & 9 & 29 \
1999 & 10 & 25 \
\hline
\end{array}$$ a. Calculate the percentage of trend for each time period.
b. Plot the percentage of trend.
c. Describe the cyclical effect (if there is one).

Annual Production (In Millions) of Computer Chips in a Large