Using the data for Problem 16.17 on page 646 concerning the number of passenger cars produced in
Question:
a. Fit a third-order autoregressive model to the number of passenger cars produced in the United States and test for the significance of the third-order autoregressive parameter. (Use a = 0.05.)
b. If necessary, fit a second-order autoregressive model to the number of passenger cars produced in the United States and test for the significance of the second-order autoregressive parameter. (Use a = 0.05.)
c. If necessary, fit a first-order autoregressive model to the number of passenger cars produced in the United States and test for the significance of the first-order autoregressive parameter. (Use a = 0.05.)
d. Forecast the U.S. car production for 2013?
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Related Book For
Basic Business Statistics
ISBN: 9780321870025
13th Edition
Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
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