In forecasting daily time-series data, how many dummy variables are needed to account for the seasonal component

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In forecasting daily time-series data, how many dummy variables are needed to account for the seasonal component day of the week? Discuss.

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Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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Question Posted: Apr 07, 2016 09:31 AM

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In forecasting daily time-series data, how many dummy variables are needed to account for the seasonal component

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If the weeks follow a common cycle within a month ...View the full answer

Statistics For Managers Using Microsoft Excel

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