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For the attached data set, create a 3-month and 6-month moving average forecast. Calculate the standard errors and compare their forecast accuracy. Motn/Year Unemployment rate
For the attached data set, create a 3-month and 6-month moving average forecast. Calculate the standard errors and compare their forecast accuracy.
| Motn/Year | Unemployment rate |
| Jan-17 | 5.1 |
| Feb-17 | 4.9 |
| Mar-17 | 4.6 |
| Apr-17 | 4.1 |
| May-17 | 4.1 |
| Jun-17 | 4.5 |
| Jul-17 | 4.6 |
| Aug-17 | 4.5 |
| Sep-17 | 4.1 |
| Oct-17 | 3.9 |
| Nov-17 | 3.9 |
| Dec-17 | 3.9 |
| Jan-18 | 4.5 |
| Feb-18 | 4.4 |
| Mar-18 | 4.1 |
| Apr-18 | 3.7 |
| May-18 | 3.6 |
| Jun-18 | 4.2 |
| Jul-18 | 4.1 |
| Aug-18 | 3.9 |
| Sep-18 | 3.6 |
| Oct-18 | 3.5 |
| Nov-18 | 3.5 |
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Mathematical Analysis I
Authors: Vladimir A Zorich, Roger Cooke, Octavio Paniagua Taboada
2nd Edition
3662487926, 9783662487921
