Two Forecasting Models Were Used to Predict the Future Values

question 117

Essay

Two forecasting models were used to predict the future values of a time series.The forecasts are shown below with the actual values:

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Definitions:

Enthymeme

A rhetorical syllogism used in arguments, often with one premise left unstated but implied.

Temperament

The inherent part of an individual's personality that influences how they interact with their environment and regulates their emotions.

Tantrums

Emotional outbursts of anger and frustration, commonly seen in toddlers as a way of expressing their feelings.

Suspicious

Characterized by or inclined to suspect something wrong without having evidence.