Refer to Exercises 14.66 and 14.67. For each of the forecasting models, apply the MAD, MAPE, and RMSE criteria to evaluate the forecasts for the four quarters of 2016. Which of the forecasting models performs best according to each criterion? (You will need to obtain the actual 2016 GDP values to complete this exercise.)

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GDP Year Year Quarter Quarter GDP 2011 2011 2011 2011 1 2 3 4 15,238.4 15,460.9 15,587.1 15,785.3 15,973.9 16,121.9 16,227.9 16,297.3 16,440.7 16,526.8 2013 2013 2014 2014 3 4 16,727.5 16,957.6 16,984.3 17,270.0 17,522.1 17,615.9 17,649.3 17,913.7 18,060.2 18,164.8 2 2012 2012 2012 2014 2014 2015 2015 2015 3 2 3 4 1. 2012 2013 2013 3 2015