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Your undergraduate friend has run a time series regression for unemployment on a set of regressors and is very excited to have gotten an R2 of 82% with some of the regressors significant at conventional levels. Your friend is excited about this result and keen on using it to forecast unemployment. Should you share your friends excitement? Discuss. b) We evaluate time series forecasts using the root mean squared error (RMSE) and the mean absolute error (MAE). Explain how you construct each of these measures. c) You want to compare a forecast for unemployment with a forecast for inflation. You think that using RMSE and MAE will tell you which forecast is performing better. Your friend notes that this runs into a problem. What is it?
The lodging industry
After making the last prize distribution (atthe beginning of year 21), how much will be left over in the reserve account?
Calculate the time-series data that reflects changes in wages of workers taking 2007 as the reference or base year
What fraction of a sample of this isotope will remain after 62.1 days? I thought I used the formula A=Aoe^-kt but it doesn't seem right.
Find an example of a merger that has been in the news within the past 6 months. What is the economic justification for the merger? Are there any antitrust concerns with the merger? Is there a role for government in regulating this merger?
What are the key tools for maintaining good health, safety, and nutrition practices for young children in your care? Give 2 examples of trauma-informed care.
question a discuss the following statement in the real world there is no industry which conforms precisely to the
felix and kim are farmers.each one owns 5 acres of land the following table shows the amount of corn and alfelfa each
The background is about World War II Holocaust andwe are focus on the reasons why American citizen refuse the Jewish to immigrate from the economic perspective.
Are these shortages some kind of Machiavellian marketing play? Calculated risk management? Or is it the case that manufacturing millions of complex electronic
How the Federal Reserves lending practices changed during this period - what did the Federal Reserve do to support firms deemed "too big to fail."
Are any employees of your company represented by labor unions or covered by collective bargaining agreements? Are any of these employees working outside of the United States?
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