The data file Government Spending France contains the time series of general government expenditures as a percent

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The data file Government Spending France contains the time series of general government expenditures as a percent of the GDP for France. The dataset covers the period 2002:Q1 to 2019:Q4, for a total of 72 quarters. Use the Holt-Winters seasonal method to obtain forecasts of government spending as a percent of GDP up to eight quarters ahead. Employ smoothing constants a = 0.4, b = 0.1, and g = 0.4. Graph the data and the forecasts.

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Statistics For Business And Economics

ISBN: 9781292436845

10th Global Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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