SCENARIO 16-10 Business Closures in a City in the Western U.S.from 2007

True/False

SCENARIO 16-10
Business closures in a city in the western U.S.from 2007 to 2012 were:
Microsoft Excel was used to fit both first-order and second-order autoregressive models,resulting in the following partial outputs:

-Referring to Scenario 16-10,the values of the MAD for the two models indicate that the first-order model should be used for forecasting.