ANSWER 1-5 IF TRUE OR FALSE1. As an initial attempt, we use multiple line chart to see trend and cycle2. Seasonal adjusted is one of the components of time series to bedecomposed.3. In the irregularity (Error) component, special events or activities aremanifested. One can also observe controlled volatility during periods wheregovernment made interventions on the series as a sign of goodgovernance.4. Single Exponential Smoothing can also be applied on time series with trendand seasonality, but the other exponential smoothing methods will mostlikely produce better forecast.5. In doing a forecast, we make it a point that the forecast band (having upperand lower limits) is as narrow as possible, having a smaller standard error,to produce a more efficient forecast.

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ANSWER 1-5 IF TRUE OR FALSE 1. As an initial attempt, we use multiple line chart to see trend and cycle 2. Seasonal adjusted is one of the components of time series to be decomposed. 3. In the irregularity (Error) component, special events or activities are manifested. One can also observe controlled volatility during periods where government made interventions on the series as a sign of good governance.

ANSWER 1-5 IF TRUE OR FALSE 1. As an initial attempt, we use multiple line chart to see trend and cycle 2. Seasonal adjusted is one of the components of time series to be decomposed. 3. In the irregularity (Error) component, special events or activities are manifested. One can also observe controlled volatility during periods where government made interventions on the series as a sign of good governance.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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