PART A - VISUALIZATION

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 1. The fluctuations are cyclical in this first line chart

Log-scale
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Year Quarter Expenditure

2. In this logarithmic scale we can see that the expenditures are increasing and has an upward trend through the years.
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PART B – TIME SERIES DECOMPOSITION

1. Linear and Quadratic Trend

 Quadratic trend
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Quarter Expenditure Polynomial (Expenditure)

 Linear trend
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Quarter Expenditure Linear (Expenditure) Linear (Expenditure)

 Quadratic and Linear trend
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Expenditure Quarter Quarter

Expenditure Linear (Expenditure) Linear (Expenditure)

2. Fitted linear and quadratic trends

3. This is the detrended series

Quadratic and Linear trend

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Expenditure Quarter Quarter Expenditure

4. Moving averages

Moving Average
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 This chart is the cyclical component of the series

Cyclical
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5. (Description of the lowest frequency)

6. Seasonal component that represents 4 quarters only. The values of these 4 quarters are increasing and has an upward trend.

4 quarters Bar Chart

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PART C – COMOVEMENT

1. Scatter plot

Scatter Plot
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Quarter Expenditure