FILE Revisit the Exercise 18.23 data to estimate (a) a linear trend model with seasonal dummies, (b)

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FILE Revisit the Exercise 18.23 data to estimate

(a) a linear trend model with seasonal dummies,

(b) an exponential trend model with seasonal dummies. Which of the two models has a lower MSE and MAD? Use the appropriate model to make forecasts for the next two months.

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Business Statistics Communicating With Numbers

ISBN: 9780071317610

1st Edition

Authors: Kelly Jaggia

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Question Posted: Jul 27, 2024 08:01 AM

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FILE Revisit the Exercise 18.23 data to estimate (a) a linear trend model with seasonal dummies, (b)

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Business Statistics Communicating With Numbers

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