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Forecast Methods: Suppose you had collected data on US Real GDP Growth (seasonally adjusted) from 2017Q1 through 2019Q1 Date. t RGDP Growth (Y ) 2017.Q1
Forecast Methods: Suppose you had collected data on US Real GDP Growth (seasonally adjusted) from 2017Q1 through 2019Q1
Date. t RGDP Growth (Y )
2017.Q1 1 2.3%
2017 Q2 2. 1.7%
2017 Q3 3 2.9%
2017 Q4 4 3.9%
2018 Q1 5 3.8%
2018 Q2 6. 2.7%
2018 Q3 7 2.1%
2018 Q4 8. 1.3%
2019 Q1 9. 2.9%
Using each method listed below, form forecasts for 2019 Q2, Q3, Q4, and 2020 Q1.
(a) Random Walk/Naive Method
(b) Seasonal Naive Metho
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