Question: Using the data in the file Macro2010 develop an autoregressive
Using the data in the file Macro2010 develop an autoregressive model for the Personal Consumption Expenditures. First, use the data for the period 1980, first quarter, through 2000, fourth quarter, to forecast for the quarters in years 2001-2003. Then use the data from 1980, first quarter, through 2007, fourth quarter, to forecast the quarters in the years 2008 and 2009. Discuss the differences in the accuracy of the forecasts compared to the actual results and indicate reasons for these differences.
Answer to relevant QuestionsUsing the data in the file Macro2010 develop an autoregressive model for fixed investment. First, use the data for the period 1965, first quarter, through 2000, fourth quarter, to forecast for the quarters in years ...Let be a simple, centered (2m + 1)-point moving average. Show that How might this result be used in the efficient computation of series of centered moving averages? Refer to the data of Example 17.2. If a total sample of 100 colleges is to be taken, determine how many of these should be 4-year schools under each of the following schemes. a. Proportional allocation b. Optimum allocation, ...A city is divided into 50 geographic subdivisions. An estimate was required of the proportion of households in the city interested in a new lawn-care service. A random sample of three subdivisions contained 611, 521, and 734 ...A local bus company is planning a new route to serve four housing subdivisions. Random samples of households are taken from each subdivision, and sample members are asked to rate, on a scale of 1 (strongly opposed) to 5 ...
Post your question