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| From | Talal <talalesm@yahoo.com> |
| To | statalist@hsphsun2.harvard.edu |
| Subject | st: what is the best model in forecasting time series data |
| Date | Mon, 8 Nov 2010 15:33:24 -0800 (PST) |
Dear all in Stata list
My question is "what is the best model in forecasting time series data based on its historical observation". I am trying to assume that the goverment intervention in 1985 has not occured, therefore, I want to forecast the bus demand from 1985 to 2010 based on its historical data from 1970 to 1984.
I am awara that I have to uise a univariate time series model but which model is the best (ARMA, ARIMA, else).
Many thanks in advance
Kind Regards
Talal
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