Good day,
I am in need of building my ARMA(1,2) model in SAS, specified as:
Xt*(1-8B) = Wt*(1+0.7B+0.6B^2) therefore
Xt = 8*Xt-1 + Wt + 0.7*Wt-1 + 0.6*Wt-2
I have been given observations:
X1=1.5 X2=0.9 X3=0.5 X4=0.12
I want to calculate the 1 to 3 step ahead forecasts and mean square prediction errors.
Is there a way I can do this in SAS?
ANY help would be appreciated. Thank you!