Housing starts are the number of new residential construction projects that have begun during any given month.
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Housing starts are the number of new residential construction projects that have begun during any given month. It is considered to be a leading indicator of economic strength. The following table contains a portion of monthly data on housing starts (in 1,000s) in the U.S. from Jan-11 to Nov-18.
a. Estimate and interpret the exponential seasonal trend model.
b. Use the estimated model to forecast housing starts for December 2018.
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a The estimated exponential trend models a...View the full answer
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Related Book For 
Business Analytics Communicating With Numbers
ISBN: 9781260785005
1st Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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