We use time series analysis/tools to do forecasting. Regression analysis methods are also used for forecasting problems as we saw in the previous chapters. Which one do you think is the best approach to apply for forecasting; time series analysis or regression models? Why? Justify your answer in detail.

We use time series analysis/tools to do forecasting. Regression analysis methods are also used for forecasting problems as we saw in the previous chapters. Which one do you think is the best approach to apply for forecasting; time series analysis or regression models? Why? Justify your answer in detail.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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