Hi Everyone,
I'm doing some ARIMA forecasting and am finding the need to take the first difference of my variable of interest so I can get a stationary series. My variable of interest is hospital admissions. I have two questions:
1) If I have a numeric covariate, that is also time related, such as membership over time, do I need to take the first difference of that covariate?
2) If the answer to #1 is yes, how do I accomplish that in a PROC ARIMA statement?
Thank you!
proc arima data=arima_input3 plots=all;
identify var=admit_count (1)
crosscorr=(memberships)
nlag=53;
estimate q=2 input=(memberships);
forecast lead=106 interval=week id=admit_date out=results;
run;
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