You are given an annual time series with 40 consecutive values and asked to fit a fifth-order

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You are given an annual time series with 40 consecutive values and asked to fit a fifth-order autoregressive model.

1. How many comparisons are lost in developing the autoregressive model?

2. How many parameters do you need to estimate?

3. Which of the original 40 values do you need for forecasting?

4. State the fifth-order autoregressive model.

5. Write an equation to demonstrate how you would forecast j years into the future.

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Basic Business Statistics Concepts And Applications

ISBN: 9780132168380

12th Edition

Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel

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Question Posted: Mar 29, 2016 07:09 AM

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You are given an annual time series with 40 consecutive values and asked to fit a fifth-order

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1 Five Comparisons cannot be made for the first ...View the full answer

Basic Business Statistics Concepts And Applications

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