Question #41

Reading: Reading 2 Time-Series Analysis

PDF File: Reading 2 Time-Series Analysis.pdf

Page: 20

Status: Unattempted

Correct Answer: A

Part of Context Group: Q41-43 First in Group
Shared Context
- The value for WPM this period is 544 billion. Using the results of the model, the forecast Wireless Phone Minutes three periods in the future is: A) 691.30. B) 586.35. C) 683.18.
Question
The WPM model was specified as a(n):
Answer Choices:
A. Moving Average (MA) Model
B. Autoregressive (AR) Model
C. Autoregressive (AR) Model with a seasonal lag
Explanation
The model is specified as an AR Model, but there is no seasonal lag. No moving averages are employed in the estimation of the model.
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