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Topic 5: FORECASTING

Topic 5: FORECASTING. I. Introduction. -- What is forecasting ? Scientific (educated) guess Based on past data or experience Rarely perfect Group forecast more accurate Shorter time horizon, more accurate -- Why forecasting ?. -- Forecasting time horizon

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1.11k views • 58 slides

Introduction to Econometrics

Introduction to Econometrics. Lecture2 Bivariate regression models Interpreting least squares regression results: goodness of fit and significance tests Forecasting with a simple regression model. Recommended reading. DOUGHERTY Introduction to Econometrics Chapter 2 OR

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507 views • 21 slides

LINREG

LINREG. linreg (options) depvar start end residuals # list where: depvar The dependent variable. start end The range to use in the regression. The default is the largest common range of all variables in the regression.

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239 views • 15 slides

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Forecast interval - PowerPoint PPT Presentation

Topic 5: FORECASTING

Introduction to Econometrics

LINREG