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Write two paragraphs about the forecasting method of Dynamic regression model. Discuss how to account for errors from a regression in an autocorrelation. What are
Write two paragraphs about the forecasting method of Dynamic regression model. Discuss how to account for errors from a regression in an autocorrelation. What are those errors? How can they occur? Why do they matter? What can be done to deal with those errors to improve the quality of the forecasting model? Why dont forecasters and managers look for or find these errors when using dynamic regression models?
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