TS sproj used car sales


TS sproj used car sales

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NEAS
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Note the importance of pent-up demand for consumer durables. The candidate concludes:

We studied U.S. car retail time series to see the demand build-up phenomenon. After adjusting the relation with the GDP by the regression analysis, we found that the residuals fit best to the  ARIMA(1,1,1)(1,0,0)_{12} model. The statistically significant seasonal AR component and the MA component indicate that the demand builds up/down stochastically with time.


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