In Selecting an Appropriate Forecasting Model, the Following Approach Is

question 120

Multiple Choice

In selecting an appropriate forecasting model, the following approach is suggested:

• A) Use the principle of parsimony.
• B) Measure the size of the forecasting error.
• C) Perform a residual analysis.
• D) all of the above

---

Definitions:

Hydrophobic

Characteristic of molecules or parts of molecules that repel water or do not mix with water.

1-butanol

An organic compound, part of the alcohol family, with the formula C4H9OH, characterized by a four-carbon chain.

(2S,4R)-4-propylhexane-2-thiol

A specific chiral molecule indicated by its IUPAC name, highlighting its stereochemistry and functional groups.

(2R,4S)-4-propylhexane-2-thiol

A chiral molecule specified by its configuration, comprising a six-carbon chain with a propyl group and a thiol group at specific positions.