Question: Consider the following time series: a. Construct a time series plot. What type of pattern exists in the data? b. Use Excel Solver or LINGO
a. Construct a time series plot. What type of pattern exists in the data?
b. Use Excel Solver or LINGO to find the parameters for the line that minimizes MSE this time series.
c. What is the forecast for t =6?
t12 3 4 5 Y,6 1 9 14 15
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a The time series plot shows a linear trend b Minimizing SSE is the same ... View full answer
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