Seasonality Adjustment of Missing Values
Posted: Sun Dec 17, 2023 1:26 am
Hello,
I am working on tourism data (tourism income and tourism arrivals) and the seasonality is very high as expected. I would like to apply Census X-13 method for the seasonality adjustment; however, all datasets have 0 (zero) value for 2020M04 and 2020M05 observations due to Covid-19 restrictions.
How can I solve this problem? Is it okay if I only put “1” for these missing values then apply Census X-13? Or do you recommend a better option?
I appreciate your help.
I am working on tourism data (tourism income and tourism arrivals) and the seasonality is very high as expected. I would like to apply Census X-13 method for the seasonality adjustment; however, all datasets have 0 (zero) value for 2020M04 and 2020M05 observations due to Covid-19 restrictions.
How can I solve this problem? Is it okay if I only put “1” for these missing values then apply Census X-13? Or do you recommend a better option?
I appreciate your help.