The Following Regression Output Is from a Multiple Regression Model

question 22

Multiple Choice

The following regression output is from a multiple regression model: The variables t, t2, and t3 represent the t, t-squared, and t-cubed respectively where t is the indicator of time from periods t = 1 to t = 20. Which of the following best describes the type of forecasting model that has been developed?

• A) A complete third-order polynomial model
• B) A tri-variate smoothed regression model
• C) A nonlinear trend model
• D) A qualitative regression model

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Definitions:

Rodents

A large order of mammals characterized by two continuously growing incisors in the upper and lower parts of their mouth, which must be kept short by gnawing.

Teeth

Hard, calcified structures in the jaws of many vertebrates, used for biting, chewing, and sometimes for defense.

Grow Continuously

A process referring to entities that do not stop increasing in size or number over time, either naturally or through external intervention.

Birds

Warm-blooded vertebrates characterized by feathers, beaks, and typically the ability to fly, with some exceptions like ostriches.