Consider the following data on y and x that also appear on the text website, lab

Question

Consider the following data on y and x that also appear on the text website, labeled Exercise 18.36 156.96 9.171.61 2 57.28 9,286.56 3 57.79 9.320.19 4 56.50 9.280.97 5 54.80 9.256.26 6 54.92 9.370.07 7 53.15 9.337.95 8 53.35 9.241.45 9 53.91 9.361.61 10 52.74 9.398.19 11 52.09 9.135.34 12 51.99 9,217.94 ata Estimate yt=0 + |xt-1 answers to 4 decimal places.) a. t. (Negative values should be indicated by a minus sign. Round your forecast : x t-1 b. Estimate yt= 0 + |yt-1 + t (Round your answers to 4 decimal places.) orecast yt-1 c. Estimate yt= 0 + |xt-1 + 2Y-1 + t. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.) forecast x t-1 yt-1 d. Use the most suitable model to make a one-step-ahead forecast (t = 13) for y. (Round intermediate calculations to 4 decimal places and final answer to 2 decimal places.) forecast

Explanation / Answer

a. y forecast = 114 - 0.0064 xt-1

b. y forecast = 3.93 + 0.920 yt-1

c. yforecast = 56.8 + 0.912 yt-1 - 0.00565 xt-1

d. y = 58.2 - 0.545 t

when t = 13,

y will be =

51.115

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