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Why is the answer for 14 C? Why is the answer for 15 D? 14. The value of an independent variable from the prior period
Why is the answer for 14 C?
14. The value of an independent variable from the prior period is referred to as a A. lagged variable.* B. dummy variable. C. predictor variable. D. categorical variable. 15. Demand for a product and the forecasting department's forecast (nave model) for a product are shown below. Compute the mean squared error. A. 2.67 B. 4.67 C. 5.33 D. 8.67 Why is the answer for 15 D?
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