Forecasting techniques

1. List some of the forecasting techniques that should be considered when forecasting a seasonal series. Give examples of situations in which these techniques would be applicable

2. List some of the forecasting techniques that should be considered when forecasting a cyclical series. Give examples of situations in which these techniques would be applicable.

1. What is autocorrelation?

2. What does an autocorrelation coefficient measure?

3. Describe how correlograms are used to analyze autocorrelations for various lags of a time series

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