The Forecast Is

question 11

Multiple Choice

The forecast is

• A)made for some date beyond the data set used to estimate the regression.
• B)another word for the OLS predicted value.
• C)equal to the residual plus the OLS predicted value.
• D)close to 1.96 times the standard deviation of Y during the sample.

---

Definitions:

Indemnified

Protected against loss or damage; legally exempted from liability for harm or loss.

Liability Insurance

A type of insurance coverage that protects an individual or entity from claims initiated by another party regarding injury or damage.

Representative Capacity

Acting on behalf of another person or entity in a legal or official context.

Propensity

An inclination or natural tendency to behave in a particular way.