Is the model explaining a substantial variation of the variable of interest?

For the project, get seasonal data of your choice and construct a forecast using the model of deterministic trend, seasonality and cyclical component. You may use Chapter 9 of Diebold’s Forecasting in Economics, Business, Finance and Beyond or Chapter 10 (p.191-214) of Diebold’s Elements of Forecasting as an example of your analysis’s structure.
For an assessment please see the uploaded files.
1. Data: Are the data and its time characteristics clear? Pay attention to the data source provided,
the time frame and the time series properties of the data being described.
2. Model selection: Is the process and the arguments for model selection clear?
3. Forecasting model: Are the residuals white noise? Are the parameters of the model statistically
significant? Is the model explaining a substantial variation of the variable of interest? Who are the
possible consumers of the forecast?