This exercise will include the estimation of two forecast values using the Unemployment Rate data

UNRATE.xls darr. Estimate the forecast one based on the following model $F_t=A_{t-1}$ and forecast two

based on the following model $F_t=A_{t-1}+0\mathrm{.}6*(A_{t-1}-A_{t-2}).$ Note, A means actual data. Report the

forecast values for January $2022$ based on the two models. Explain which model produces a more reliable

forecast.

Please submit the file once you complete all the calculations.