Using the yearly amount of solar power generated by utilities (in millions of kWh) in the United

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Using the yearly amount of solar power generated by utilities (in millions of kWh) in the United States from 2002 through 2012 data for Problem 16.16 on page 646 (stored in Solar Power),
a. Fit a third-order autoregressive model to the amount of solar power installed 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 amount of solar power installed 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 amount of solar power installed and test for the significance of the first order autoregressive parameter. (Use a = 0.05.)
d. Forecast the yearly amount of solar power generated by utilities (in millions of kWh) in the United States in 2013 and 2014?
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Basic Business Statistics

ISBN: 9780321870025

13th Edition

Authors: Mark L. Berenson, David M. Levine, Kathryn A. Szabat

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