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Assignment 7 (Forecasting /STAT)

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Assignment 7 (Forecasting /STAT) Empty Assignment 7 (Forecasting /STAT)

Post  pallav on Thu Apr 12, 2012 12:45 am

Data set, milk.dat, contains milk production data by month for the years 1962-1975.


1. Make a SAS data set containing the milk production data for the years 1962-1974, leaving the 1975 data out of the analysis. You don't need to turn in a print out of the data set.

2. Use proc arima to fit an ARIMA model to the time series and use this model to predict milk production for 1975. Print out a copy of the final analysis and forecasts for 1975 using the model you select. Based on the printout, how adequate is your model for the data? Turn in a copy of your program too.

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