6. For classical decomposition, which moving average order produces smoother trend? A. MA 2 B. MA 3 C. MA 4 D. MA 5 7. If the series is very erratic or volatile, it is better to choose method for decomposition A. ADDITIVE B. MULTIPLICATIVE C. QUOTIENT 8. The smaller the the better and more acceptable your forecast model compared to other models. This measure is the usual basis for model selection. A. RMSE B. R squared C. MAPE D. BIC

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
Problem 5E
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Please answer question 6, 7 and 8. Choose the correct letter of your answer.
6. For classical decomposition, which moving average order produces smoother trend?
A. MA 2
B. MA 3
C. MA 4
D.
MA 5
7. If the series is very erratic or volatile, it is better to choose
method for
decomposition
A. ADDITIVE
MULTIPLICATIVE
B.
C. QUOTIENT
8. The smaller the
the better and more acceptable your forecast model compared to
wwww
other models. This measure is the usual basis for model selection.
A. RMSE
B. R squared
C. MAPE
D. BIC
Transcribed Image Text:6. For classical decomposition, which moving average order produces smoother trend? A. MA 2 B. MA 3 C. MA 4 D. MA 5 7. If the series is very erratic or volatile, it is better to choose method for decomposition A. ADDITIVE MULTIPLICATIVE B. C. QUOTIENT 8. The smaller the the better and more acceptable your forecast model compared to wwww other models. This measure is the usual basis for model selection. A. RMSE B. R squared C. MAPE D. BIC
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