Question: In the model selection process for ARIMA-type models, the ultimate goal is to find an underlying model that: a) Explains the dependent variable b) Leads

In the model selection process for ARIMA-type models, the ultimate goal is to find an underlying model that:

a) Explains the dependent variable

b) Leads to no-random errors.

c) Produce white noise forecast errors

d) Models the nonlinear components in a time series

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