10 reporting and forecasts

10 reporting and forecasts

Here I show how to report and forecast. I look at the autocorrelation and partial autocorrelation functions of RSA GDP and then I build a simple ARIMA( 1, 1, 1 )( 1, 0, 1 )[ 4 ] model that models RSA GDP on lagged USA GDP. Then I show how you can report the results and residuals in a single report.

Disclaimer - this uses an ARIMA model to illustrate and does not constitute either a presentation on how to select ARIMA models nor is the resulting forecast to be taken seriously.