This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: True or False: In selecting a forecasting model, you should perform a residual analysis. Indicate ... (Read 94 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jun 24, 2018
True or False: In selecting a forecasting model, you should perform a residual analysis.
 
  Indicate whether the statement is true or false

Question 2

True or False: The principle of parsimony indicates that the simplest model that gets the job done adequately should be used.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


tsand2

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Jun 24, 2018
Correct answers!


C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Perform Adult Rescue Breathing and One-Rescuer or Two-Rescuer CPR Perform Adult Rescue Breathing and One-Rescuer or Two-Rescuer CPR
A model of transcription initiation as deduced from the crystal structure of TFIIB complexed A model of transcription initiation as deduced from the crystal structure of TFIIB complexed
Model of a complex systems Model of a complex systems
IPCC model projections depend on greenhouse gas emissions IPCC model projections depend on greenhouse gas emissions
The Solow Model Incorporating Population Growth The Solow Model Incorporating Population Growth
The epigenetic stem cell model proposes that both epigenetic changes The epigenetic stem cell model proposes that both epigenetic changes
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library