Question: on page 674 that represent U.S. total computer and software sales (in $millions) from 1992 through 2012 (stored in ComputerSales ), a. fit a third-order
on page 674 that represent U.S. total computer and software sales (in $millions) from 1992 through 2012 (stored in ComputerSales ),
a. fit a third-order autoregressive model to the total sales and test for the significance of the third-order autoregressive parameter.
(Use a = 0.05.)
b. if necessary, fit a second-order autoregressive model to the total sales and test for the significance of the second-order autoregressive parameter. (Use a = 0.05.)
c. if necessary, fit a first-order autoregressive model to the total sales and test for the significance of the first-order autoregressive parameter. (Use a = 0.05.)
d. if appropriate, forecast the total sales in 2013.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
