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For a certain product it was found that annual sales volume could be well described by a third-order autoregressive model. The estimated model is shown
For a certain product it was found that annual sales volume could be well described by a third-order autoregressive model. The estimated model is shown below. xt=165+1.80xt10.22xt2+0.07xt3+t For 1990,1991 , and 1992 , sales were 813,904 , and 1,062 , respectively. Calculate sales forecasts for the years 1993 through 1995. x^1993= (Round to one decimal place as needed.)
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