Question 3 Given two time series for the year 2020: Month January February March April 0.679 May 1.233 June Y, -1.049 -1.075 0.309 -0.560 1 1 1

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 49E
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Compute the forecasted values for Yt for July and August in 2020 by using the models
stated in (c) and (d)

Question 3
Given two time series for the year 2020:
Month January
February
March
April
0.679
May
1.233
June
Y,
-1.049
-1.075
0.309
-0.560
1
1
1
Transcribed Image Text:Question 3 Given two time series for the year 2020: Month January February March April 0.679 May 1.233 June Y, -1.049 -1.075 0.309 -0.560 1 1 1
(c) The following ARIMA(0,0,1) model:
Y; = -0.7 + & + 0.5ɛ-1
(d) The following dynamic regression:
0.7
Y;
1- 0.2B
XŁ-2 – 0.5Y;–1 + E;
Transcribed Image Text:(c) The following ARIMA(0,0,1) model: Y; = -0.7 + & + 0.5ɛ-1 (d) The following dynamic regression: 0.7 Y; 1- 0.2B XŁ-2 – 0.5Y;–1 + E;
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