It is generally suggested that the sample size in developing a ...

[MirandaLo]

It is generally suggested that the sample size in developing a multiple regression model should be at least four times the number of independent variables.
 
  Indicate whether the statement is true or false

Question 2

Model specification is the process of determining how well a forecasting model fits the past data.
 
  Indicate whether the statement is true or false

[ergserg]

Answer to Question 1

TRUE

Answer to Question 2

FALSE