Question: USE RSTUDIO TO ANSWER THE FOLLOWING PLEASE. Consider the number of pigs slaughtered in New South Wales (Install the tsibble and tsibble data package.

USE RSTUDIO TO ANSWER THE FOLLOWING PLEASE. Consider the number of pigs slaughtered in New South Wales (Install the "tsibble " and "tsibble data" package. Load the data setaus_livestock in the "tsibble data" package into a variable).

  1. Produce some plots of the data in order to become familiar with it.
  2. Create a training set of 486 observations, withholding a test set of 72 observations (6 years).
  3. Try using various benchmark methods to forecast the training set and compare the results on the test set. Which method did best?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!