Figure 10.36 shows two empirical CDFs of the residuals of Sales for two regressions. Estimate (roughly) the
Question:
Figure 10.36 shows two empirical CDFs of the residuals of Sales for two regressions. Estimate (roughly) the 0.20 and 0.80 fractiles of both of these empirical CDFs. What do these two intervals say about predicting future sales amount?
Figure 10.36
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Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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