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Describe the three popular measures of forecast accuracy

Describe the three popular measures of forecast accuracy. Which is the better one

to use?

 
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Explain the role of regression models in forecasting.

Explain the role of regression models in forecasting. That is, how is trend

projection able to forecast?

 
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What is the purpose of a tracking signal and how is it calculated?

What is the purpose of a tracking signal and how

is it calculated?

 
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What is the difference between a dependent and an independent variable?

What is the difference between a dependent and

an independent variable?

 
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