Managerial Economics 13th Edition by James McGuigan,Charles Moyer,Frederick Harris

تمرين 12

Lumber Price Forecast
One of the most important variables that must be forecasted accurately to project the cost of single-family home construction is the price of Southern pine framing lumber. Use the following data to forecast two- and four-year-ahead lumber prices. Compare the forecast accuracy of at least two alternative forecasting methods.
Lumber Price Index

Data are available as an Excel file on the book's Web site.