Using the number of passenger cars produced in the U.S. data for Problem 16.17 on page 570

Question:

Using the number of passenger cars produced in the U.S. data for Problem 16.17 on page 570 and Problem 16.29 on page 579 (stored in CarProduction ),
a. perform a residual analysis for each model.
b. compute the standard error of the estimate (SYX)for each model.
c. compute the MAD for each model.
d. On the basis of (a) through (c) and the principle of parsimony, which forecasting model would you select? Discuss.