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The data to answer the question are global_economy and aus_livestock. Please show the R code and the explanation Question 4 - (10 marks) Seasonality and
The data to answer the question are global_economy and aus_livestock. Please show the R code and the explanation
Question 4 - (10 marks) Seasonality and the function accuracy () (a) Fit a Holt's Linear (with no damping parameter), a Holt-Winters additive and a Holt-Winters multiplicative model to the New Zealand Consumer price index (CPI) from the data set global economy. Then, compare their in-sample accuracy with the function accuracy (). The output will return a Nal for the Holt-Winters models. Why is this happening? Write down a short paragraph (2 3 sentences)discussing this question (2 marks code + 3 marks discussion; TO- TAL = 5 marks). Code to extract the data (you will need to write code to esti- mate the models, and check the in sample accuracy measure with accuracy().): > library ("fpp3") > mydata myseries myseries % % autoplot (Count) (2 marks code + 3 marks discussion; TOTAL = 5 marks)Step by Step Solution
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