When the error terms of a regression forecasting model are correlated the problem of autocorrelation occurs.

Name: When the error terms of a regression forecasting model are correlated the problem of autocorrelation occurs.
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Autocorrelation occurs when the residuals (error terms) of a regression model are not independent of each other, meaning the error for one observation is correlated with the error for a previous observation.

When the Error Terms of a Regression Forecasting Model Are