The Following Is the List of MAD Statistics for Each

question 133

Multiple Choice

The following is the list of MAD statistics for each of the models you have estimated from time-series data: $$\begin{array} { | l | l | } \hline \text { Model } & \text { MAD } \\\hline \text { Linear Trend } & 1.38 \\\hline \text { Quadratic Trend } & 1.22 \\\hline \text { Exponential Trend } & 1.39 \\\hline \text { Second-order Autoregressive } & 0.71 \\\hline\end{array}$$ Based on the MAD criterion, the most appropriate model is

• A) linear trend.
• B) quadratic trend.
• C) exponential trend.
• D) second-order autoregressive.

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Definitions:

Progressive Movement

A political and social-reform movement in the late 19th and early 20th centuries that aimed to address the problems caused by industrialization, urbanization, and corruption in government.

1916-1920

A period marked by World War I (1914-1918), significant political and social changes worldwide, and the start of the Roaring Twenties.

Declined

A term indicating a decrease in quantity, quality, or strength over time.

Progressive Politics

Political movements or ideologies seeking to address issues of social justice, equality, and reform through governmental action.