create a time series model with level linear trend and seasonal compon
Question
Create a time series model (with level, linear trend, and seasonal components) for purposes of forecasting daily demand at Penguin for April 9-27, including a margin of uncertainty for each day’s forecast. Note, assume that forecast errors are normally distributed.
Calculate:
• Deseasonalization (Deseas)
• D-Bar
• S-Bar
• Seasonal (Seas) Factor
• Forecast
• Absolute Error
• Slope
• Intercept
• Mean Absolute Deviation (MAD)
• Margin of Uncertainty
• Upper and Lower Forecasts per day