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Generate 1-step-ahead forecasts for the last two years of your sample (2018 & 2019) using a () model with window lengths = 3 and =
Generate 1-step-ahead forecasts for the last two years of your sample (2018 & 2019) using a () model with window lengths = 3 and = 12. Make a plot of actual against forecasted sales. Tip: Make sure to generate exactly 24 forecasts covering the period 2018-19, by using observations from earlier periods.
Frequency: Monthly | |
observation_date | S4248SM144NCEN (sales) |
2016-01-01 | 8650 |
2016-02-01 | 10324 |
2016-03-01 | 12109 |
2016-04-01 | 11423 |
2016-05-01 | 12242 |
2016-06-01 | 13685 |
2016-07-01 | 10955 |
2016-08-01 | 12705 |
2016-09-01 | 12276 |
2016-10-01 | 11910 |
2016-11-01 | 13021 |
2016-12-01 | 14425 |
2017-01-01 | 9045 |
2017-02-01 | 10453 |
2017-03-01 | 12481 |
2017-04-01 | 11489 |
2017-05-01 | 13537 |
2017-06-01 | 14717 |
2017-07-01 | 11395 |
2017-08-01 | 13373 |
2017-09-01 | 11871 |
2017-10-01 | 12663 |
2017-11-01 | 13202 |
2017-12-01 | 14191 |
2018-01-01 | 9493 |
2018-02-01 | 10329 |
2018-03-01 | 12569 |
2018-04-01 | 11805 |
2018-05-01 | 14012 |
2018-06-01 | 14420 |
2018-07-01 | 12518 |
2018-08-01 | 14073 |
2018-09-01 | 12231 |
2018-10-01 | 13727 |
2018-11-01 | 13949 |
2018-12-01 | 15308 |
2019-01-01 | 10616 |
2019-02-01 | 10976 |
2019-03-01 | 12472 |
2019-04-01 | 13098 |
2019-05-01 | 14573 |
2019-06-01 | 14277 |
2019-07-01 | 13484 |
2019-08-01 | 14205 |
2019-09-01 | 12992 |
2019-10-01 | 14427 |
2019-11-01 | 13773 |
2019-12-01 | 16197 |
2020-01-01 | 10659 |
2020-02-01 | 11350 |
2020-03-01 | 13410 |
2020-04-01 | 12334 |
2020-05-01 | 14111 |
2020-06-01 | 16215 |
2020-07-01 | 15757 |
2020-08-01 | 15400 |
2020-09-01 | 15644 |
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