Suppose, when testing for the appropriateness of the fitted model, the standard errors are Sa1 = 0.45
Question:
Sa1 = 0.45 Sa2 = 0.35 Sa3 = 0.15
a. What conclusions can you reach?
b. Discuss how to proceed if forecasting is still your main objective.
For Information: Refer to Problem 16.24.
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a is less than the critical bound of 22281 Do not reject H 0 There ...View the full answer
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Related Book For 
Statistics For Managers Using Microsoft Excel
ISBN: 9780133130805
7th Edition
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
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