What is a parsimony, How is the flexibility of the

What is a parsimony

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Reference no: EM131811057

Question: a. How is the flexibility of the Box-Jenkins ARIMA process approach helpful in time-series analysis?

b. What is a parsimony?

c. How does the forecast relate to the actual future behavior of the estimated process?

d. How do the forecast limits relate to the actual future behavior of the estimated process?

Reference no: EM131811057

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