# Question: A second order autoregressive model for the gas prices is Using values

A second-order autoregressive model for the gas prices is:

Using values from the table, what is the predicted value for January 2007 (the value just past those given in the table)?

Using values from the table, what is the predicted value for January 2007 (the value just past those given in the table)?

## Answer to relevant Questions

An Additive regression model for the Apple prices is: a) What is the name for the kind of variable called Jan in this model? b) Why is there no predictor variable for December? For each of the following time series, suggest an appropriate model: a) Daily stock prices that reveal erratic periods of up and down swings. b) Monthly sales that reveal a consistent percentage increase from month to ...Suppose an autoregressive model is used to model sales for a company that peaks twice per year (in June and December). a) What lagged variables would you try in a regression to forecast sales? Explain. b) How would you ...Use the following model to forecast quarterly sales ($ 000) for a start-up (where time is rescaled to begin at zero and Q2, Q3, and Q4 are dummy variables for the indicated quarters), and answer the following questions. y = ...For the series of Output per unit of capital: a) Make a time series plot. b) Describe the Trend component. c) Is there evidence of a Seasonal component? d) Is there evidence of a cyclic component?Post your question