If There Is No Obvious Trend or Seasonality and We

question 126

Short Answer

If there is no obvious trend or seasonality and we believe that there is a correlation between consecutive residuals,the ____________________ model may be most effective.

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Definitions:

Supply

The total amount of a product or service that is available to consumers.

Quantity

The amount or number of a material or immaterial item counted or measured.

Prices

The amount of money required to purchase a good or service, typically determined by supply and demand in the market.

Slope

The measure of the steepness or incline of a line, typically calculated as the ratio of the vertical change to the horizontal change.