According to the Investment Company Institute, total industry net assets (billions of dollars) for equity funds were

Question:

According to the Investment Company Institute, total industry net assets (billions of dollars) for equity funds were as shown here for years 1981 (coded as ) through 1998. Construct a second-order auto regressive forecasting equation and determine what the forecast would have been for 1999.

Уг Уг Уt $41.2 $180.5 $748.1 13 53.7 8 194.7 14 865.1 77.0 9. 248.8 15 1266.8 245.6 1726.1 83.1 10 16 116.9 411.2 2