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Use the data in the Seasonal Reg sheet Construct Monthly dummy variables for 11/12 months Regress the Alfalfa prices against the 11 monthly dummy variables
- Use the data in the "Seasonal Reg" sheet
- Construct Monthly dummy variables for 11/12 months
- Regress the Alfalfa prices against the 11 monthly dummy variables
- If the price of Alfalfa was $180 in May, predict Nov and Dec price for 2013.
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Statistics The Exploration & Analysis Of Data
Authors: Roxy Peck, Jay L. Devore
7th Edition
0840058012, 978-0840058010
