Consider annual corporate taxes (file Ca_Income_Loss_Tax_Assessed; variable Tax Assessed on Net Income.). a) Fit a HoltWinters model

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Consider annual corporate taxes (file “Ca_Income_Loss_Tax_Assessed”; variable Tax Assessed on Net Income.).

a) Fit a Holt–Winters model and record the model residuals.

b) Construct line charts of the residuals in part (a) to visually determine if the model has any systematic error (if it has a nonrandom pattern).

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