topic Re: Help with forecasting/prediction in SAS Forecasting and Econometrics

Help with forecasting/prediction

bollibompa — Tue, 06 Dec 2016 21:04:28 GMT

Hi,

I have a question regarding forecasting. I have 7 years of data (2010-2016, on monthly basis) of sales in different age-classes and I was to predict/forecast the sales in 2017.

I have data on the popualtion in each age group from 2010-2016 and also the predicited popualtion for 2017.

How is the easiest way to build this model in SAS?

Thanks!

Thomas

Re: Help with forecasting/prediction

Reeza — Tue, 06 Dec 2016 21:55:17 GMT

Look at the options under SAS/ETS - PROC FORECAST

http://documentation.sas.com/#!/?docsetId=etsug&docsetVersion=14.2&docsetTarget=etsug_forecast_examples01.htm&locale=en

PS. I've moved your question to the SAS Forecasting forum

Re: Help with forecasting/prediction

Ksharp — Wed, 07 Dec 2016 10:37:50 GMT

Do not use PROC FORECAST, it is deprecated.
The simplest way is PROC ESM.
The more sophisticated way is PROC ARIMA.

Re: Help with forecasting/prediction

bollibompa — Wed, 21 Dec 2016 11:59:26 GMT

Thank you for your replies!

/Thomas