(b) From the historigram below, state the suitable model of time series can be use. (HINT:...
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(b) From the historigram below, state the suitable model of time series can be use. (HINT: multiplicative model / additive model) 50 40 30 20 A MMM 10 01 2016 0401 2017 0401 03 04 2018 (2 marks) The seasonal indices calculated for a multiplicative model sometimes need slight adjustment due to the average of the seasonal indices should be 0. True or false? State reason. (3 marks) (b) From the historigram below, state the suitable model of time series can be use. (HINT: multiplicative model / additive model) 50 40 30 20 A MMM 10 01 2016 0401 2017 0401 03 04 2018 (2 marks) The seasonal indices calculated for a multiplicative model sometimes need slight adjustment due to the average of the seasonal indices should be 0. True or false? State reason. (3 marks)
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Part a From the histogram provided we need to decide whether a multiplicative model or an additive m... View the full answer
Related Book For
Statistics for Business and Economics
ISBN: 978-0132930192
8th edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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