What is event modeling?     Multiple Choice The event model adjusts data for each of the events identified to distort the trend and seasonal patterns of the time series. The event model adds a growth factor to the moving average as a way of adjusting for the event. The event model adds a smoothing constant for the events identified as important in the historical data. The event model initializes events so they can be selected to initialize or warm up the model.

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter1: What Economics Is About
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What is event modeling?

 

 

Multiple Choice
  • The event model adjusts data for each of the events identified to distort the trend and seasonal patterns of the time series.

  • The event model adds a growth factor to the moving average as a way of adjusting for the event.

  • The event model adds a smoothing constant for the events identified as important in the historical data.

  • The event model initializes events so they can be selected to initialize or warm up the model.

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