Time Series Analysis using R

Instruction: Demonstrate how to perform a basic time series analysis using R.

Context: The candidate is required to explain the steps for conducting time series analysis in R. This should include data import, time series object creation, trend analysis, and forecasting. Emphasize on the use of specific R packages such as 'forecast' and functions like 'auto.arima' or 'ets'. This question tests the candidate's ability to handle time-series data, utilize R's packages for forecasting, and their understanding of statistical methods for time series analysis.

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