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    Business Statistics in Practice Study Set 2
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    Exam 16: Time Series Forecasting
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    Two Forecasting Models Were Used to Predict the Future Values
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Two Forecasting Models Were Used to Predict the Future Values

Question 8

Question 8

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Two forecasting models were used to predict the future values of a time series.The forecasts are shown below with the actual values: Two forecasting models were used to predict the future values of a time series.The forecasts are shown below with the actual values:   Which model is the most accurate? Why? Which model is the most accurate? Why?

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Model 2 is most accu...

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