Question: Using the MAD criterion, determine which one of the equations developed in Exercise 18.8 is the better fit to the data in that exercise. Repeat

Using the MAD criterion, determine which one of the equations developed in Exercise 18.8 is the better fit to the data in that exercise. Repeat the evaluation, using the MSE criterion.
In exercise

Using the MAD criterion, determine which one of the equations

2001 002 2003 Year: Exports 101.3 $97.5 974 Year: Exports 8 $120.4 134.0 $136.1 2000 2004 2005 2006 2007

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