Question: Individual Question #3 " Forecasting U.S. Retail Sales "

Your Individual Question:

Forecast the 4 ^th quarter sales in the year 2007 using autoregression.

Steps:

 Make sure to read about autoregression in the assigned readings for this week module.

 Open "Autoregression" worksheet with the Sales(t) and Sales (t-4) variables Examine how the variables were defined.

 Locate estimated autoregressive model and use it to make forecasts for the 4 ^th quarter of the year 2007 ( Hint: make sure that you understand how Sales (t-4) variable is defined. To make forecasts use the sales four quarters back).

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document