The number of housing starts (in 1,000s) in the northeast United States for the years 2004 to
Question:
The number of housing starts (in 1,000s) in the northeast United States for the years 2004 to 2009 were recorded.
a. Use the 2004–2008 data to calculate the seasonal indexes.
b. Use the indexes and regression analysis to forecast the number of housing starts in 2009.
c. Calculate SSE and MAD to measure how well (or poorly) the forecasts fared.
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a b c MAD 447 SSE 25432 A 1 Seasonal In...View the full answer
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