Corporate triple-A bond interest rates for 12 consecutive months follow. 9.5 9.3 9.4 9.6 9.8 9.7 9.8
Question:
Corporate triple-A bond interest rates for 12 consecutive months follow.
9.5 9.3 9.4 9.6 9.8 9.7 9.8 10.5 9.9 9.7 9.6 9.6
a. Construct a time series plot. What type of pattern exists in the data?
b. Develop three-month and four-month moving averages for this time series. Does the three-month or four-month moving average provide more accurate forecasts based on MSE? Explain.
c. What is the moving average forecast for the next month?
Step by Step Answer:
Related Book For
Statistics For Business And Economics
ISBN: 9780324783247
11th Edition
Authors: Thomas A. Williams, Dennis J. Sweeney, David R. Anderson
Question Posted: