In Figure, fitted autoregressive models of orders 1 through 4 are given for annual sales data. We
Question:
a. What autoregressive model is now selected?
b. Obtain forecasts of sales for the next 3 years, based on this selected model.
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Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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