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(A)Obtain an autocorrelation table for this series.
(B)Use the results of (A)to specify one or more "promising" autoregression models.Estimate each model with the available data.Which model provides the best fit to the given data?
(C)Use the best autoregression model from (B)to produce a forecast of the CCI in 2007.Also,provide a measure of the likely forecast error.
(D)Use the moving average method with a carefully chosen span to forecast this time series in 2007 and 2008.Explain your choice of the span.
(E)Between the best autoregression model and the best moving average model,which is best? Explain your answer.
Bronze Casting
A process used in sculpture making where molten bronze is poured into a mold and allowed to harden into shapes, often used for creating detailed and durable artworks.
Propylaia
Greek, "gates."
Acropolis
Greek, “high city.” In ancient Greece, usually the site of the city’s most important temple(s).
Portraiture
The art of creating portraits, which are representations of individuals, typically focusing on the face and expression.
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