Question: Answer the following questions using the data from the Excel file AOL.xlsx described in Problem 16.30: a. Forecast the advertising revenue for each quarter in
Answer the following questions using the data from the Excel file AOL.xlsx described in Problem 16.30:
a. Forecast the advertising revenue for each quarter in 2013 using seasonal dummy variables and a best subsets regression.
b. Interpret the meaning of the coefficients for the seasonal dummy variables.
c. Calculate the MAD for this forecast.
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