Question: The data is 410,591. Modeling and Forecasting. You are required to t three times series models to each series and choose the best model based

The data is 410,591.

The data is 410,591. Modeling and Forecasting. You are required to t

Modeling and Forecasting. You are required to t three times series models to each series and choose the \"best model based on the mean absolute deviation criteria M}. Report and discuss: a. The regression results for each model b. The in sample and out of sample MADs. c. Prepare time series graphs showing your in sample and out of sample time series. Discuss. But of sample and in sample periods. 1. Two years for the monthly series fit your models using all of your data excluding the last 24 months. 2. Four years for the quarterly series t your models using all of your data excluding the last 15 quarters. 3. Five years for the annual series t your models using all of your data excluding the last five years. For your monthly and quarterly data you must choose a series that has a season pattern. That is, the series must he seasonally unadjusted MAD: 2 pa - xj'lfa 1 where xt is the actual value and xf is the forecasted value

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