Consider the file P02_37.xlsx, which contains total monthly U.S. retail sales data. While retaining the final 6 months of observations for validation purposes, use the method of moving averages with a carefully chosen span to forecast U.S. retail sales in the next year. Comment on the performance of your model. What makes this time series more challenging to forecast?
Paper#12732 | Written in 18-Jul-2015Price : $25