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Author Question: When using extrapolation to forecast A) a time series of past observations is used. B) there is ... (Read 35 times)

CBme

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on: Jul 1, 2018
When using extrapolation to forecast
 
  A) a time series of past observations is used.
  B) there is a large error term in the results.
  C) predictions can only be made about the future.
  D) dummy variables can skew the results.

Question 2

Today John says: I will start working out tomorrow. Yet, as tomorrow arrives he doesn't. This is an example of
 
  A) time inconsistent preferences.
  B) time consistent preferences.
  C) exponential discounting.
  D) future-biased preferences.


orangecrush

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


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