Suppose that annual sales (in millions of dollars) of the Acme Corporation follow the AR(2) model Y₁ = 5+1.1Yt-1 -0.5Y-2 +et with o² = 2. (a) If sales for 2005, 2006, and 2007 were $9 million, $11 million, and $10 million, respectively, forecast sales for 2008 and 2009.
Suppose that annual sales (in millions of dollars) of the Acme Corporation follow the AR(2) model Y₁ = 5+1.1Yt-1 -0.5Y-2 +et with o² = 2. (a) If sales for 2005, 2006, and 2007 were $9 million, $11 million, and $10 million, respectively, forecast sales for 2008 and 2009.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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