Question: table [ [ Year , Month,Jobs ] , [ 2 0 1 2 , 1 , 1 8 6 8 7 1 0 ]
tableYearMonth,Jobs
Open the iobsDownload iobsJMP file or jobsxlsx Download iobsxtsyExcel file. It contains two years of monthly data on total number of filled jobs. You are to compare three models and select the best fit one:
MadelX; Linear trend line forecasting
Madel X: Seasonal forecasting NOTE: season has levels here, one month per season
Madelz: Seasonal forecasting with trend
Complete the following statements:
The Eantor parameter for Motal is SelectThe Year column:", "The Month column.", An additional column that contains a running count of time periods.," An additional column that contains a running count of time periods."
The predicted number of filled jobs for the first month of next year according to
The Addparameter for MadoilXis Select dummy variables created to represent one of the seasons:? dammy variables created to represeat one of the months., dummy variables created to represent one of the seasons.", dummy variables created to represent one of the months."
The predicted number of filled jobs for the firat month of next year nocording to
The number of "columns" setected to be placed in the Add parameter for Cladatz is Select
The predioted number af filled jobs for the first month of next year according to Yodelzis is fSelect
Model X is the best fit model because it has the lowest Adiusted BSouech TEI I SelectFT
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
