Guidance about Forecasting
Posted: Sat Apr 15, 2017 3:10 pm
Dear Friends,
I need some help from you.
Suppose I have following model.
A=B+C+D+E+error.....................(1)
I am using time series data set from 2000 to 2014.
I need the estimated value of dependent variable A for year 2014.
My question is that if if I run regression model by using the data from 2000 to 2013 and then I just put the value of 2014 in that predicted value of A,is it true method?
Kindly guide me any appropriate way to estimate dependent variable A for year 2014.
I will be very thankful to you.
Best Regards.
I need some help from you.
Suppose I have following model.
A=B+C+D+E+error.....................(1)
I am using time series data set from 2000 to 2014.
I need the estimated value of dependent variable A for year 2014.
My question is that if if I run regression model by using the data from 2000 to 2013 and then I just put the value of 2014 in that predicted value of A,is it true method?
Kindly guide me any appropriate way to estimate dependent variable A for year 2014.
I will be very thankful to you.
Best Regards.