h-step-ahead-point-forecast

Learning objectives: Explain the challenges of modeling time series containing unit roots. Describe how to test if a time series contains a unit root. Explain how to construct an h-step-ahead point forecast for a time series with seasonality. Calculate the estimated trend value and form an...

Learning objectives: Explain how to use regression analysis to model seasonality. Explain how to construct an h-step-ahead point forecast. Questions: 701.1. Based on a regression analysis, the following model was produced to predict housing starts (given in thousands) within a certain...