Current Construction Reports from the U.S. Census Bureau contain data on new privately owned housing units. Data on new privately owned housing units (1000s) built in the West between 1980 and 2010 follow. Use these time-series data to develop an auto-regression model with a one-period lag. Now try an auto-regression model with a two-period lag. Discuss the results and compare the twomodels.
Answer to relevant QuestionsThe U.S. Department of Agriculture publishes data on the production, utilization, and value of fruits in the United States. Shown here are the amounts of non-citrus fruit processed into juice (in kilotons) for a 25-year ...Calculate Laspeyres price indexes for 2011–2013 from the following data. Use 2005 as the baseyear.The U.S. Department of Commerce publishes a series of census documents referred to as Current Industrial Reports. Included in these documents are the manufacturers’ shipments, Inventories, and orders over a 5-year period. ...Use the seasonal indexes computed to de-seasonalize the data in Problem 15.39.Industrial Machinery andTime Period ........ Equipment Shipments1st quarter (year 1) ...... 54.0192nd quarter ....... 56.4953rd quarter ...Are the following data Poisson distributed? Use α = .05 and the chi-square goodness-of-fit test to answer this question. What is your estimated lambda?Number of Arrivals ... fo0 .......... 281 ......... 172 .......... 113 ...
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