- Data and library upload
## iso2c country GDPPerCap year
## 1 CA Canada 42157.93 2016
## 2 CA Canada 43315.70 2015
## 3 CA Canada 50440.43 2014
## 4 CA Canada 52413.72 2013
## 5 CA Canada 52496.69 2012
## 6 CA Canada 52082.21 2011
## iso2c country GDPPerCap year
## 57 CA Canada 2294.569 1960
## 56 CA Canada 2231.294 1961
## 55 CA Canada 2255.230 1962
## 54 CA Canada 2354.839 1963
## 53 CA Canada 2529.518 1964
## 52 CA Canada 2739.586 1965
- Data cleaning and preparation
## Time Series:
## Start = 1960
## End = 2016
## Frequency = 1
## [1] 2294.569 2231.294 2255.230 2354.839 2529.518 2739.586 3010.706
## [8] 3173.076 3411.060 3703.990 4121.933 4586.256 5141.617 5870.601
## [15] 7043.474 7489.941 8783.722 8892.762 9096.059 10012.444 11135.438
## [22] 12297.786 12439.748 13377.896 13826.650 14060.462 14403.829 16245.452
## [29] 18864.263 20638.290 21371.291 21664.599 20771.250 20017.430 19859.204
## [36] 20577.489 21183.220 21770.134 20887.839 22167.226 24124.169 23691.595
## [43] 24167.804 28172.149 31979.872 36189.588 40386.699 44544.527 46596.336
## [50] 40773.454 47447.476 52082.211 52496.695 52413.721 50440.434 43315.700
## [57] 42157.928
- Visualization of the Forecast
## Series: can
## ARIMA(0,1,1) with drift
##
## Coefficients:
## ma1 drift
## 0.3340 711.0145
## s.e. 0.1357 355.4365
##
## sigma^2 estimated as 4158597: log likelihood=-505.24
## AIC=1016.48 AICc=1016.94 BIC=1022.56
## ma1 drift
## 0.334043 711.014485
