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 98 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?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

A single-gene model explains Mendel’s ratios A single-gene model explains Mendel’s ratios
The Solar Model The Solar Model
Ethical Decision-Making Model Ethical Decision-Making Model
Computationally assembled model of the TFIIA–TBP–TFIIB–promoter complex based on crystal Computationally assembled model of the TFIIA–TBP–TFIIB–promoter complex based on crystal
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Model for ecosystems on land Model for ecosystems on land
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library