An employment analyst studies the trends in employment in three industries across five years (60 months). The analyst performs ARIMA to fit a model for the trade industry.
Iteration | SSE | Parameters | |
---|---|---|---|
0 | 543.908 | 0.100 | 90.090 |
1 | 467.180 | -0.050 | 105.068 |
2 | 412.206 | -0.200 | 120.046 |
3 | 378.980 | -0.350 | 135.024 |
4 | 367.545 | -0.494 | 149.372 |
5 | 367.492 | -0.503 | 150.341 |
6 | 367.492 | -0.504 | 150.410 |
7 | 367.492 | -0.504 | 150.415 |
Type | Coef | SE Coef | T-Value | P-Value |
---|---|---|---|---|
AR 1 | -0.504 | 0.114 | -4.42 | 0.000 |
Constant | 150.415 | 0.325 | 463.34 | 0.000 |
Mean | 100.000 | 0.216 |
DF | SS | MS |
---|---|---|
58 | 366.733 | 6.32299 |
Lag | 12 | 24 | 36 | 48 |
---|---|---|---|---|
Chi-Square | 4.05 | 12.13 | 25.62 | 32.09 |
DF | 10 | 22 | 34 | 46 |
P-Value | 0.945 | 0.955 | 0.849 | 0.940 |