If the forecast errors are autocorrelated, this is a good ...

[HudsonKB16]

If the forecast errors are autocorrelated, this is a good indication that the model has been specified correctly.
 
  Indicate whether the statement is true or false

Question 2

In a second-order polynomial regression model, the regression coefficient, B2, will be positive if the parabola opens downward and negative when the parabola opens upward.
 
  Indicate whether the statement is true or false

[shewald78]

Answer to Question 1

FALSE

Answer to Question 2

FALSE

[HudsonKB16]

TYSM

[Animal_Goddess]

Thanks for the timely response, appreciate it