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Forecasting with AutoRegressive (AR) Model in R

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Now that we know how to estimate the AR model using ARIMA, we can create a simple forecast based on the model. Step 1: Fit the model The first step is to fit the model as ARIMA(1, 0, 0). We have already seen this in the previous lesson. [crayon-5dc210a55e02b398448698/] Step 2: Create Forecast We can now […]

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