The following is the list of MAD statistics for each of the models you have estimated from time-series data: $$\begin{array} { | l | c | }
\hline \text { Model } & \text { MAD } \
\hline \text { Linear Trend } & 1.38 \
\hline \text { Quadratic Trend } & 1.22 \
\hline \text { Exponential Trend } & 1.39 \
\hline A R ( 2 ) & 0.71 \
\hline
\end{array}$$ Based on the MAD criterion, the most appropriate model is
A) exponential trend.
B) linear trend.
C) AR(2).
D) quadratic trend.

Question

The following is the list of MAD statistics for each of the models you have estimated from time-series data: $$\begin{array} { | l | c | } 
\hline \text { Model } & \text { MAD } \
\hline \text { Linear Trend } & 1.38 \
\hline \text { Quadratic Trend } & 1.22 \
\hline \text { Exponential Trend } & 1.39 \
\hline A R ( 2 ) & 0.71 \
\hline
\end{array}$$ Based on the MAD criterion, the most appropriate model is
A) exponential trend.
B) linear trend.
C) AR(2).
D) quadratic trend.

Quizplus · Accepted Answer

The Answer is C

The Following Is the List of MAD Statistics for Each