Question: 3 Develop two forecast models for the AmTrk ridership data ( as shown on next slide ) : first the linear model A , then

3 Develop two forecast models for the AmTrk ridership data (as shown on next slide): first the linear model A, then the non-linear model B with addition of the seasonality terms.
Plot AmTrk ridership data vs. time for the first 48 month with appropriate x-y coordinate labeling. Graphically assess the long-term trend from the raw data. Build the multiple regression model Ax=b for Model A and Model B respectively based on the first 48 month
With the preceding forecast models predict the ridership for the next 6 month beyond 48th month since Jan 1991. Compare with the actual, calculate the monthly forecast errors, and estimate the RMS (Root Mean Square) errors for a) three-month forecast, and b) six-month forecast. What is your evaluation of the comparative forecast performance of Model A versus Model B based on the RMS errors?
(Follow the examples on previous lecture notes for multiple regression. )
 3 Develop two forecast models for the AmTrk ridership data (as

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