Econometrics apply statistical and mathematical methods to economic data to test and quantify economic theories and solutions to economic problems. Time series analysis accounts for the fact that data points taken over time may have an internal structure (such as autocorrelation, trend or seasonal variation) that should be accounted for.. Econometrics and Time Series Functions & Features are an important module of the comprehensive BI RFP Template.
The BI RFP template with Econometrics and Time Series Functions & Features for BI is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1955 decision criteria.
The BI RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to BI software vendors. It ensures for:
complete response from each BI software vendor
deep and accurate evaluation of submitted BI proposals
impartial side-by-side comparison of BI solutions evaluated
rational and documented selection of the best matching BI system
The BI software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the BI solutions from scratch.
Main modules below cover Commercial database vendors, such as FAME, DRI, Standard & Poor's (COMPUSTAT), Haver Analytics, and CRSP;Government data such as the US Bureau of Economic Analysis and the US Bureau of Labor Statistics;International agency data such as IMF and OECD;. Databases, Econometrics and Time Series Functions & Features
Feature and functions include Automatically selects the best-fitting forecasting model for each time series;Provides mathematically optimized model parameters;Interactive model development facility for more experienced forecasters;Graphically displays time series diagnostics tests;Includes regression variables and unusual events in the forecasting model;Performs diagnostic checks on fitted models;. Time Series Forecasting System, Econometrics and Time Series Functions & Features
Functionality covered Regression with correction for autocorrelated errors;Fits, analyzes, and simulates simultaneous systems of both linear and nonlinear regression models;Multinomial discrete choice analysis;Creates what-if, Monte Carlo simulation;Time series cross-sectional analysis;Qualitative and limited dependent variable models;. Econometric analysis, Econometrics and Time Series Functions & Features