Busa3015 Business Forecasting : Total Assessment Answer
You are to use the exact same data sets that you used in Report 1. You do not need to re-download the data. If your data is lost, the instructions for obtaining it are repeated (from Report 1) below:
Obtain the ABS statistics for Labour Force - 6202001 – available
Download Table 1.
For the purposes of this report you are to consider the Total Employed Labour Force data. There are three series in Table 1: Original, Seasonally-adjusted, and Trend (please choose carefully throughout this report!)
For the purposes of this report, only consider the data from August 2011 to July 2020 as the sample of data that is available to you – that is, ignore any recent observations.
This means that the first actual observation in your Excel file is from August 2011 and your last actual observation in your Excel file is from July 2020.
Use Excel and no other statistical software for the purposes of this report.
You may use Minitab for constructing correlograms.
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