The Following Regression Output Is from a Multiple Regression Model

question 76

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:

Variable

An element, feature, or factor that can vary or change, often used in experiments to determine its effects on certain outcomes.

Economic Crisis

A severe and sudden downturn in the financial health of an economy, which can lead to a recession and high unemployment rates.

Charismatic Candidate

An individual running for a political position who possesses exceptional personal qualities that inspire loyalty, enthusiasm, and devotion among followers.

Self-Esteem

An individual's subjective evaluation of their own worth, capabilities, and value.