The accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12-month moving average forecasts using the mad criterion. Which of the two models yields better results? explain.

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candi1924 candi1924

07-11-2022
Business

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The accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12-month moving average forecasts using the mad criterion. Which of the two models yields better results? explain.

Sagot :

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The accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare​ 3- and​ 12-month moving average forecasts using the mad criterion. Which of the two models yields better​ results? explain.

Sagot :

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The accompanying dataset provides data on monthly unemployment rates for a certain region over four years. Compare 3- and 12-month moving average forecasts using the mad criterion. Which of the two models yields better results? explain.