Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Task 1

Download monthly prices for a commodity or shipping freight rate for a single shipping route over the past 20 years.

1 Use the first 15 years of the time series and estimate at least 3 different models, perform diagnostic tests, and present the final estimation result and the diagnostics in each case.

2 Use appropriate technique to compute forecast values for 1 , 2 and 3-months ahead, over the last 5 years of the sample with the 3 models you have estimated in part 1.

3 Use appropriate statistics to evaluate the forecasting performance of each model and compare forecasting performance of models for 1, 2, 3-step ahead forecast,

4 Choose the best model and prepare a short report including forecast values on how freight rates are going to behave over the next 12 month, March 2012 to March 2013.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91952

Have any Question? 


Related Questions in Statistics and Probability

A social psychologist is interested in whether the type of

A social psychologist is interested in whether the type of music a college student is listening to will have any effect on the number of beers the student drinks. Fifteen college students were randomly assigned to one of ...

The university is attempting to set its staffing plan for

The University is attempting to set its staffing plan for the next several year, and it wants to determine if the distribution of students among various graduate majors has changed from the historical averages which were ...

1 why do researchers calculate the coefficient of

1. Why do researchers calculate the coefficient of determination? 2. What does a coefficient of determination of .40 indicate?

A prospective purchaser wishes to estimate the mean dollar

A prospective purchaser wishes to estimate the mean dollar amount of sales per customer at a toy store located in an airport terminal. Based on data from other similar airports, the standard deviation of such sales is ab ...

Case study mikhail gorbachevs 1988 un speechif the pace of

Case Study: Mikhail Gorbachev's 1988 UN SpeechIf the pace of improving US-Soviet relations seemed rapid, Mikhail Gorbachev's speech to the United Nations General Assembly would shift the process into overdrive.  In this ...

Question 1use this extract taken from the article goji

Question 1: Use this extract taken from the article, "Goji berries prevent macular degeneration," (appeared in Healthy Foods, Healthy Bodies on January 21, 2016) to answer the questions that follow: Goji berries (Lycium ...

Given the following waiting time distribution in a hotel

Given the following waiting time distribution in a hotel, compute the  expected value  of the waiting time in 2 dec pl.    Waiting time (minutes) Probability 4.0            20% 4.5 28% 5.0 32% 5.5 10% 6.0 10%

Suppose that x is a continuous random variable with pdf fxx

Suppose that X is a continuous random variable with pdf fx(x) = (lambda/2)e-lambda(abs(x)) for -infinity (question also attached for clarity)

What would the null and alternate hypothesis be for the

What would the null and alternate hypothesis be for, " The airlines claim that complaints average less than 15 per month per airport. To investigate the problem an independent watchdog agency contacted a random sample of ...

This exercise generalizes exercise 925 let n y fi fii s p

This exercise generalizes Exercise 9.25. Let (N, Y, F I , F II , s, P) be an Aumann model of incomplete information with beliefs in which N = {I, II} and let A ⊆ Y be an event. Consider the following process: Player I in ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen