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Business, 06.10.2021 22:30 giovney

The president of a small manufacturing firm is concerned about the continual increase in manufacturing costs over the past several years. The following figures provide a time series of the cost per unit for the firm's leading product over the past eight years. Year Cost/Unit ($) Year Cost/Unit ($) 1 20.10 5 26.70 2 24.40 6 29.90 3 28.10 7 30.90 4 27.60 8 36.10 (a) Construct a time series plot. What type of pattern exists in the data

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