Eviews Equation Estimation
Posted: 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?
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?