Eviews Equation Estimation

For technical questions regarding estimation of single equations, systems, VARs, Factor analysis and State Space Models in EViews. General econometric questions and advice should go in the Econometric Discussions forum.

Moderators: EViews Gareth, EViews Moderator

abed
Posts: 4
Joined: Tue Oct 26, 2010 1:44 pm

Eviews Equation Estimation

Postby abed » Wed Oct 27, 2010 10:47 am

How can we estimate an equation for certain products?
For Example I have 3 products the demand on the first two products are seasonality demand wihle its normal demand on the third product?
The problem that i face is that i don't know how to estimate the equation and what are the coefficients that should be used so the forecasting process can be an accurate one. i've chosen the forecasting on monthly basis, and i want to depend on the least square method in my estimation on the other hands i don't know when i should use ARMA as a part of this equation.

So what i need to know the whole equation!

PS: I use Eviews version 4.0

the attached mail shows an example of the data that i need to forecast for example (forecast month 12 year 2009)
what will be the estimated equation?
Attachments
ART 1B.xls
Example on my data
(18 KiB) Downloaded 154 times

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Eviews Equation Estimation

Postby EViews Gareth » Wed Oct 27, 2010 10:50 am

Could you phrase your question a bit better? Your post is quite hard to follow.

abed
Posts: 4
Joined: Tue Oct 26, 2010 1:44 pm

Re: Eviews Equation Estimation

Postby abed » Wed Oct 27, 2010 10:57 am

what i need exactly an equation for the attached data by using the least square method

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Eviews Equation Estimation

Postby EViews Gareth » Wed Oct 27, 2010 10:59 am

What equation do you want to estimate?

abed
Posts: 4
Joined: Tue Oct 26, 2010 1:44 pm

Re: Eviews Equation Estimation

Postby abed » Wed Oct 27, 2010 11:05 am

i have attached the ARTB1 product data its for plastic demand, i need an equation to forecast the demand on this product, can you please help me on this?! :-)

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Eviews Equation Estimation

Postby EViews Gareth » Wed Oct 27, 2010 11:07 am

You need to know what the equation you want to estimate is (i.e. the mathematical form of the equation) before anyone can tell you how to estimate that equation in EViews.

abed
Posts: 4
Joined: Tue Oct 26, 2010 1:44 pm

Re: Eviews Equation Estimation

Postby abed » Wed Oct 27, 2010 11:34 am

I will try again :-S in the attached, the "data" represents the quantity being ordered for each month for the plastic product. what will be the estimated equation if i want to forecast on monthly basis the demand on this product?!
Attachments
ART 1B.xls
(18 KiB) Downloaded 154 times

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 13604
Joined: Tue Sep 16, 2008 5:38 pm

Re: Eviews Equation Estimation

Postby EViews Gareth » Wed Oct 27, 2010 11:41 am

I will try again also. Having the data is useless without knowing what you want to estimate.

You're essentially saying to us, here are some numbers, now do some math to them. Without telling us what math you want done.


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