Which model results below best depicts the Principle of Parsimony in forecasting? A. thirty factors explain 90%

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Which model results below best depicts the Principle of Parsimony in forecasting?

A. thirty factors explain 90% of the variation in demand

B. three factors explain 80% of the variation in demand

C. five factors explain 82% of the variation in demand

D. ten factors explain 85% of the variation in demand

Related Book For answer-question

Calculus

ISBN: 9781285057095

10th Edition

Authors: Ron Larson, Bruce H. Edwards

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Posted Date: Mar 13, 2024 12:46 PM

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Which model results below best depicts the Principle of Parsimony in forecasting? A. thirty factors explain 90%

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Calculus

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