Question: (d) For the last 96 months (1963 through 1970) use the model obtained in (b) above to forecast the next 12 months ahead. Compare your

(d) For the last 96 months (1963 through 1970) use the model obtained in

(b) above to forecast the next 12 months ahead. Compare your forecast with the actual ¯gures given below.

Year J F M A M J J A S O N D 1971 194.5 187.9 187.7 198.3 202.7 204.2 211.7 213.4 212.0 203.4 199.5 199.3

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