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Author Question: In selecting an appropriate forecasting model, the following approaches are suggested: A) Measure ... (Read 100 times)

Frost2351

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on: Jun 24, 2018
In selecting an appropriate forecasting model, the following approaches are suggested:
 
  A) Measure the size of the forecasting error. B) Use the principle of parsimony.
  C) Perform a residual analysis. D) All of the above.

Question 2

True or False: The method of least squares may be used to estimate both linear and curvilinear trends.
 
  Indicate whether the statement is true or false


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kmb352

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


Frost2351

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

kthug

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Reply 3 on: Yesterday
:D TYSM

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