Week 4: The forecaster’s toolbox
What you will learn this week
- Four benchmark forecasting methods that we will use for comparison
- Fitted values, residuals
- Forecasting with transformations
Pre-class activities
Read Chapter 5 of the textbook and watch all embedded videos
Exercises (on your own or in tutorial)
Complete Exercises 1-5, 9-10 from Section 3.7 of the book.