Question: Time - series analysis is based on the assumption that random error terms are normally distributed. there are dependable correlations between the variable to be

Time-series analysis is based on the assumption that
random error terms are normally distributed.
there are dependable correlations between the variable to be forecast and other independent variables.
past patterns in the variable to be forecast will continue unchanged into the future.
the data do not exhibit a trend.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Question2:Which one of the following is a basic time series assumption? R-square is large Past patterns will continue unchanged into the future. Data does not exhibit a trend Random error terms are...

Q:

SUMMARY this journal, the length of it should not be more than 2 pages, with 1.5 spacing size 12 Times New Rome. Available online at www.sciencedirect.com Journal of Empirical Finance 15 (2008) 199 -...

Q:

Need help answering 30 multiple choice questions for BEC (Business Environment and Concepts) CPA review class. They aren't hard but I need to get a perfect score since there are only 30 questions!...

Q:

1) The starting annual salaries of newly qualified chartered accountants (CAs) in Malaysia follow a normal distribution with a mean of RM180,000 and a standard deviation of RM10,000. What is the...

Q:

Write 2 paragraphs about Macro risks and the term structure of interest rates article. No max word count, page count, or formatting requirements but has to be submit to my tutor's work as my own....

Q:

Dissertation Topic: "The Effects of Cybersecurity Measures on the Productivity and Well-being of Teleworkers in the Healthcare Industry". Introduction Draft no more than TWO paragraphs here -...

Q:

Data Analysis Exercise 4 (DAX4)1DependentVariableDependentVariableThe data that we will use for this analysis will be from our labor dataset and the analysis we will do is called a linear regression....

Q:

The following information relates to Questions 37-45 Brad Varden, a junior analyst at an actively managed mutual fund, is responsible for research on a subset of the 500 large-cap equities the fund...

Q:

What type of company was studied? What kind of product did they sell? What is their geographic reach? Why is demand forecasting in this business? What types of models did the author use? Please give...

Q:

One important measure of workers' performance is their attendance record. A personnel manager at a large company with a serious absenteeism problem undertook a two-year study. She took a random...

Q:

The following information relates to year-end adjusting entries as of December 31, 2021. a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $8,100. b....

Q:

4. (10) Synthesize each of the following compounds from a B-keto ester, also presenting how the B-keto ester itself can be prepared. a.) racemic 1,3-diphenyl-2-butanone b.) racemic...

Q:

elani ( age 4 0 ) pays a low ( $ 1 5 ) co - payment each time he visits a doctor or hospital. Other than the low per - service deductible, there is very little cost sharing. However, Jelani has a...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...