Autoregressive models
A)use the average of the most recent data values in the time series as the forecast for the next period.
B)are used to smooth out random fluctuations in time series.
C)relate a time series to other variables that are believed to explain or cause its behavior.
D)occur whenever all the independent variables are previous values of the time series.

Question

Quizplus · Accepted Answer

Autoregressive models occur whenever all the independent variables are previous values of the time series. They use past values of a variable to predict future values, making them useful in time series forecasting.

Autoregressive Models