0.2699 0.07285 0.03612 0.29139 The table below gives the actual change in the...
80.2K
Verified Solution
Link Copied!
Question
Finance
0.2699
0.07285
0.03612
0.29139
The table below gives the actual change in the log of sales of Cisco Systems from 19 2019 to 4Q 2019, along with the forecasts from the regression model Aln(Sales) - 0.0068 +0.2633AIn(Sales-1) estimated using data from 1Q 2001 to 4Q 2018. (Note that the observations after the fourth quarter of 2018 are out of sample.) the actual changes and forecasts in the log of sales of Cisco Systems from 1Q 2019 to 4Q 2019 Date Actual Value of Changes in the Log of Sales Aln(Salest) Forecast Value of Changes in the Log of Sales Aln(Salest) N 10 2019 0.1308 0.1457 20 2019 10.0345 0.1299 30 2019 -0.3557 0.1271 40 2019 -0.0954 0.1259 Calculate the RMSE for the out-of-sample forecast errors
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
