797A Assignment1 Fall 2011

797A Assignment1 Fall 2011 - University of Massachusetts...

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University of Massachusetts Department of Resource Economics RESEC 797A Fall 2011 Assignment 1 Data Collection Because this is a course with a practical orientation, you will use data to make quantitative forecasts. Collect time series of three variables. I encourage you to collect data related to your research interest. If you already have data that meet the criteria set down below, so much the better. Variable 1 should be a series that is reported monthly or possibly quarterly. Its most important feature is that you expect it to display a seasonal pattern . Possible contenders are prices of many agricultural commodities, sales of some luxury consumer goods, incidences of infectious diseases, etc. Please do not collect any meteorological data. Variable 2 can be monthly, quarterly or annual data. A higher frequency (such as daily stock prices) is not desirable. This is a series that you do not expect to display a seasonal pattern. Variable 3
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797A Assignment1 Fall 2011 - University of Massachusetts...

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