Determining accuracy of forecast


Assignment:

Use a regression of deseasonalized

The Gap sales as a function of disposable personal income as the basis for a forecast of The Gap sales for 2006. Be sure to reseasonalize your forecast; then graph the actual The Gap sales along with your forecast. What do you think would happen to the accuracy of your forecast if you extended it out through 2010? Why?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Determining accuracy of forecast
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