Which of the following is an assumption on which time series regression is based a. A time series process follows a model that is nonlinear in parameters. b. In a time series process, no independent variable is a perfect linear combination of the

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
Chapter5: Business And Economic Forecasting
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Which of the following is an assumption on which time series regression is based?
a. A time series process follows a model that is nonlinear in parameters.
b. In a time series process, no independent variable is a perfect linear combination of the others.
Transcribed Image Text:Which of the following is an assumption on which time series regression is based? a. A time series process follows a model that is nonlinear in parameters. b. In a time series process, no independent variable is a perfect linear combination of the others.
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