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.

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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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