Using the number of passenger cars produced in the U.S. from 1999 to 2012 data for Problem

Question:

Using the number of passenger cars produced in the U.S. from 1999 to 2012 data for Problem 16.17 on page 646 and Problem 16.29 on page 654 (stored in Car Production),
a. Perform a residual analysis for each model.
b. Compute the standard error of the estimate (SYX) for each model.
c. Compute the MAD for each model.
d. On the basis of (a) through (c) and the principle of parsimony, which forecasting model would you select? Discuss.