Questions on statistical forecasting

Assignment Help Basic Statistics

Reference no: EM1394155

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

a. How many comparisons are lost in the development of the auto-regressive model?

b. How many parameters do you need to estimate?

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

d. State the fifth-order auto-regressive model.

e. Write an equation to indicate how you would forecast x years into the future.

Reference no: EM1394155

Questions Cloud

Entry to record poulter''s investment in the partnership : Prepare the entry to record Poulter's investment in the partnership, assuming the equipment has a fair value of $19,500.

Influence of heredity-environment on person-s psychological : Differentiate between influences of heredity and environment on person's psychological development. Make sure to specify which area of psychological development: moral, emotional, or other.

Illustrate what price should giuseppe set : The Burrito Barn is considering a price reduction on the Firegut Burrito, which presently sells for the price of $5.00. Giuseppe, the proprietor of Burrito Barn, knows the price elasticity for the Firegut is roughly equal to 2.3 over the range bei..

Question about shannon index : The number of individuals counted for nine species of birds on transects in logged (where trees were cut down) versus unlogged areas of tropical rainforest.

Questions on statistical forecasting : You are given an annual time series with 40 consecutive values and asked to fit a fifth-order auto-regressive model.

Chance of detecting a significant difference : How many participants need to be enrolled in each group to have 90% chance of detecting a significant difference using a two-sided test with a a= .05 if compliance is perfect?

Analyse the current financial state of anthony''s orchard : Analyse the current financial state of Anthony's Orchard and evaluate the impact of a major customer cancelling their expected order.

Examine the advantages for jones department store : Find out if the shift leaders are properly classified as Exempt. Provide reasons for your answer.

Discussion on synthetic and natural proteins : What are the disadvantages and advantages of synthetic vs natural proteins? I have been googling for hours and not really finding anything so any help would be great.

User Account

All Pages