Question: Please solve using R Studio. 1 . 1 . Create the data set us _ wholesale _ emp for the time series Wholesale Trade from
Please solve using R Studio.
Create the data set uswholesaleemp for the time series Wholesale Trade from the data set usemployment that covers the period from January to the end of the time series. Create a plot of the time series. The plot must include a title, and the axis labels must show the appropriate units. Attach the plot below.
Compute the autocorrelation coefficients for US wholesale trade employment up to lag Attach the autocorrelation tsibble below. Use font courier new and size to format the table.
Create a plot of the ACF for US wholesale trade employment. Explain the ACF.
Do an STL decomposition for US wholesale trade series you created in problem Use a trendwindow and season window periodic Attach the plot below.
Print the dable that shows the STL components and attach it below. Use font courier new and size to format the table.
Create a train data set for the period from Jan to Dec from the US wholesale employment series that you created in problem Fit the models mean, nave seasonal nave and drift to the train data set. Generate steps ahead forecasts and plot the forecasts against the actual values of the US wholesale employment series. Attach the forecast plot below. Identify the best method based on the figure.
Do an STL decomposition of the US wholesale employment series and use the nave method to forecast the seasonally adjusted component. Generate a forecast plot and attach it below.
Reseasonalize the seasonally adjusted forecasts of section generate new forecasts and plot them. Attach a table with the forecasts and the plot below.
Fit the models Mean, Nave Seasonal Nave and Drift to the train data set you created in problem Generate forecasts for the period January September Generate a plot of the forecasts and the actual data. Attach the plot below.
Generate accuracy measures and identify the best forecasting model. Paste the accuracy measures here. Use font courier new and size
Generate a plot of the residual diagnostics for the best model in Explain the residual diagnostics. Attach the plot here.
Do the BoxPierce and LjungBox correlation tests of the residuals. Explain the results. Attach the results here. Use font courier new and size
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