FILE Use the data in the preceding question to: a. Estimate a linear trend model with seasonal
Question:
FILE Use the data in the preceding question to:
a. Estimate a linear trend model with seasonal dummies.
b. Estimate an exponential trend model with seasonal dummies.
c. Use the MSE and MAD to compare these models.
d. Use the appropriate model to make monthly forecasts for the last three months of 2010.
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Related Book For
Business Statistics Communicating With Numbers
ISBN: 9780071317610
1st Edition
Authors: Kelly Jaggia
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