Using the MAD criterion, determine which one of the equations developed in Exercise 18.7 is the better

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Using the MAD criterion, determine which one of the equations developed in Exercise 18.7 is the better fit to the data in that exercise. Repeat the evaluation, using the MSE criterion.
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Introduction To Business Statistics

ISBN: 9781111524081

7th Edition

Authors: Ronald M. Weiers

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Question Posted: Sep 08, 2015 07:49 AM

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Using the MAD criterion, determine which one of the equations developed in Exercise 18.7 is the better

Question:

Subscribers (Millions) 44.0 55.3 69.2 86.0 109.5 128.4 Subscribers (Millions) 140.8 158.7 182.1 207.9 233.0 255.4 5 Year 1996 1997 1998 1999 2000 2001 Year 2002 2003 2004 2005 2006 2007 2

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Introduction To Business Statistics

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