Autoregressive Models

question 22

Multiple Choice

Autoregressive models:

• A) use the average of the most recent data values in the time series as the forecast for the next period.
• B) are used to smooth out random fluctuations in time series.
• C) relate a time series to other variables that are believed to explain or cause its behavior.
• D) occur whenever all the independent variables are previous values of the same time series.