Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The acocomparying dataset provides diata on monthly unemployment tates for a cortain rogion ovor four years. Compare 3 - and 12 -month moving average forocasts

image text in transcribed
image text in transcribed
The acocomparying dataset provides diata on monthly unemployment tates for a cortain rogion ovor four years. Compare 3 - and 12 -month moving average forocasts using the MAO criterion. Which of the two modeis yields better results? Explain. Click the icon to viow the unemployment rate data. Find the MAD for the 3-month moving average forecast. MAD = (Type an integer or decimal rounded is three decimal places as needed) A1]fx Year \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline A & A & B & c & D & E & F: & 6 & H & 1 \\ \hline 1 & Year & Month & Aate (X) & & & at & & & \\ \hline 2 & 2011 & Jan & 7.7 & & & + & & & \\ \hline 3 & 2011 & Feb & 8.3 & & & & & Thi & \\ \hline 4 & 2011 & Mar: & 8.8 & & EII & 8 & & z= & \\ \hline 5 & 2011 & Apr & 8.9 & & & L. & & x2 & \\ \hline 6 & 2011 & May & 9.3 & & & & & & 5 \\ \hline 7 & 2011 & Jun & 95 & & 25 & 5. & 3x12 & & = \\ \hline 8 & 2011 & lul & 95 & & & 100 & & & y= \\ \hline 9 & 2011 & Aus: & 9.4 & & 14 & & & cos & \\ \hline 10 & 2011 & sep & 9.6 & & & ant & alle & & \\ \hline 11 & 2011 & Oct & 9.9 & & & E & & & \\ \hline 12 & 2011 & Nov & 9.9 & & & 38 & & & \\ \hline 13 & 2011 & Dec & 9.7 & & 1 & E & & & \\ \hline 14 & 2012 & Ian & 99 & & & & & 4 & \\ \hline 15 & 2012 & Feb & 9.9 & & & & & 4 & \\ \hline 16 & 2012 & Mar & 9.8 & & & & & 4 & \\ \hline 17 & 2012 & Apr & 9.9 & & & 7 & & & \\ \hline 18 & 2012 & May & 9.6 & & - & & & & \\ \hline 19 & 2012 & Jun & 9.5 & & = & & z & & 5 \\ \hline 20 & 2012 & Jul & 9.4 & & & 3 & +7 & 1 & \\ \hline 21 & 2012 & Aus. & 95 & & 9 & 28 & & & \\ \hline 22 & 2012 & sen & 9.6 & & & & & & \\ \hline 23 & 2012 & Oct & 9.5 & & & & & = & \\ \hline 24 & 2012 & Nov & 9.7 & & & & & & \\ \hline 25 & 2012 & Dec & 9.3 & & -7 & & & =1 & \\ \hline 26 & 2013 & tan & 9.1 & & 75 & & & Is & \\ \hline 27 & 2013 & Feb & 9.1 & & IIII & & & & \\ \hline 28 & 2013 & Mar & 8.8 & & & & & & \\ \hline 29 & 2013 & Apr & 92 & & & & & & \\ \hline 30 & 2013 & May & 9.1 & & & & & & \\ \hline 31 & 2013 & Jun & 9.2 & & & & & iii & \\ \hline 32 & 2013 & Jul & 9.1 & & & & & & \\ \hline 33 & 2013 & AUS & 9.1 & & T. & & & & \\ \hline 34 & 2013 & sec & 9.2 & & & & & E. & 0 \\ \hline 35 & 2013 & Oct & 8.7 & & II. & & & & \\ \hline 36 & 2013 & Nov & 8.7 & & & 3 & & & \\ \hline 37 & 2013 & Dec & 8.5 & & & & & & \\ \hline 38 & 2014 & Im & 8.4 & & & & & & \\ \hline 39 & 2014 & Feb & 8.1 & & & & & & \\ \hline 40 & 2014 & Mar & 8.3 & & & & & & \\ \hline 41 & 2014 & Apr & 8.1 & & & & & & \\ \hline 42 & 2014 & May & 8.2 & & & & & & is \\ \hline 43 & 2014 & Jun & 8.3 & & & & & & \\ \hline 44 & 2014 & Jul & 8.3 & & & & & & \\ \hline 45 & 2014 & Aur: & 8.2 & & & & & & \\ \hline 46 & 2014 & sep & 7.6 & & & & & & \\ \hline 47. & 2014 & Oct & 7.9 & & & & & & \\ \hline 48 & 2014 & Nov & 78 & & & & & & \\ \hline 49 & 2024 & Dec & 7.7 & & & & & & \\ \hline \multirow{2}{*}{\multicolumn{10}{|c|}{2014DeC}} \\ \hline \begin{tabular}{l} 51 \\ 52 \end{tabular} & & 3 & & & & & & & \\ \hline 52 & & & & & & & & & \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Empirical Techniques In Finance

Authors: Ramaprasad Bhar, Shigeyuki Hamori

1st Edition

3642064175, 978-3642064173

More Books

Students also viewed these Finance questions