Question

below are EXCEL outputs for various estimated autoregressive models for Coca-Cola's real operating revenues (in billions of dollars) from 1975 to 1998. From the data, we also know that the real operating revenues for 1996, 1997, and 1998 are 11.7909, 11.7757 and, 11.5537, respectively.

Answer 1

Check the explanation

Explanation:

In the field of econometrics and statistics, a circulated lag model is a model that is known for time arrangement of data series in which there’s a utilization of regression condition to predict the current estimations of a dependent variable dependent on both the current values of a explanatory variable and the lagged (past period) estimations of this explanatory variable.

AR(3) utilizes the most lag factors