6.3 The regression analysis resulting in equation (6.12) was used to forecast the change in end-of-month balance
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6.3 The regression analysis resulting in equation (6.12) was used to forecast the change in end-of-month balance for a bank for the next six time periods (periods 54 through 59). See Section 6/5/2 for details. However, since we originally omitted the known values for D(EOM) for these periods, it is possible to examine the usefulness of the regression model.
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Forecasting Methods And Applications
ISBN: 9780471532330
3rd Edition
Authors: Spyros G. Makridakis, Steven C. Wheelwright, Rob J Hyndman
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