Advantages of using arima over other forecasting methods
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Q: What types of business forecasting scenarios do you think ARIMA would work particularly well? Are there any advantages of using ARIMA over the other forecasting methods? Explain
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What does an exceptionally small value of the test statistic (such as 0.002)suggest about the goodness-of-fit?
If the euro weakens for several years, can you think of any change that might occur in the global chemicals market?
When such digits are randomly generated, what is the distribution of those digits? Given such randomly generated digits, what is a test for "goodness-of-fit"?
Uber, Lyft, and Sidecar are three ride-sharing companies. They enter a competition to see who can pick up the most passengers in three separate locations
What types of business forecasting scenarios do you think ARIMA would work particularly well? Are there any advantages of using ARIMA over the other forecasting
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Consider a period in which the U.S. dollar strengthens against most foreign currencies.
Does the political situation affect business in and out of the country?
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