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    Statistics
  3. Study Set
    Basic Business Statistics
  4. Exam
    Exam 16: Time-Series Forecasting
  5. Question
    TABLE 16-10 Business Closures in Laramie, Wyoming from 2005 to 2010 Were
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TABLE 16-10 Business Closures in Laramie, Wyoming from 2005 to 2010 Were

Question 102

Question 102

True/False

TABLE 16-10
Business closures in Laramie, Wyoming from 2005 to 2010 were: TABLE 16-10 Business closures in Laramie, Wyoming from 2005 to 2010 were:   -Referring to Table 16-10, the values of the MAD for the two models indicate that the first-order model should be used for forecasting.
-Referring to Table 16-10, the values of the MAD for the two models indicate that the first-order model should be used for forecasting.

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