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.
Correct Answer:

Verified
Correct Answer:
Verified
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