choices: a. true b. false c. others (specify) 1. Holt’s linear method is very applicable for longer forecast. 2. The best smoothing parameters, α and β^*, for Holt's linear model is the values from -1 and 1 that can minimize SSE. 3. In the PACF, there are three spikes decreasing with the lag, and then no significant spikes thereafter. This suggests a possible AR(3) model.
choices: a. true b. false c. others (specify) 1. Holt’s linear method is very applicable for longer forecast. 2. The best smoothing parameters, α and β^*, for Holt's linear model is the values from -1 and 1 that can minimize SSE. 3. In the PACF, there are three spikes decreasing with the lag, and then no significant spikes thereafter. This suggests a possible AR(3) model.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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choices:
a. true
b. false
c. others (specify)
1. Holt’s linear method is very applicable for longer
2. The best smoothing parameters, α and β^*, for Holt's linear model is the values from -1 and 1 that can minimize SSE.
3. In the PACF, there are three spikes decreasing with the lag, and then no significant spikes thereafter. This suggests a possible AR(3) model.
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