Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. 1: explain the term ‘autoregression’

1: Explain the term ‘autoregression’ in a time series regression context. 2. Explain the term ‘autocorrelation’ and...

60.1K

Verified Solution

Question

Statistics

1: Explain the term ‘autoregression’ in a time series regressioncontext.

2. Explain the term ‘autocorrelation’ and the problems itcreates when using OLS regression in time series data.

Answer & Explanation Solved by verified expert
4.3 Ratings (768 Votes)
1 Autoregression Autoregression is a time series model that uses observations from previous time steps as input to a regression equation to predict the value at the next time step It is a very simple idea that can result in accurate forecasts on a range of time series    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

New-Project Analysis The Campbell Company is considering adding a robotic paint sprayer to its production line....

Physics
1.2K views

Fluorescence has four important characteristics that make it a useful tool for examining the finer details...

Basic Math
1.2K views

Allen's hummingbird (Selasphorus sasin) has been studied by zoologist Bill Alther.† Suppose a small group of...

Biology
1.2K views

The is a series of diffusion facilitating of the mitochondria membrane proteins found in the...

Physics
1.2K views

39 A certain radioactive isotope has a half life of 2 days If 8 kg...

Geometry
1.2K views

You hike 210 meters up a steep hill that has a 31 angle of elevation...

Calculus
1.2K views

6 log 8 log 7 log 9 I leminin sonucu ka t r What is...

Algebra
1.2K views

The chart shows a country s annual egg production Model the data in the chart...

Algebra
1.2K views

1 What is the following number in standard form three hundred thousand six hundred eleven

Accounting
1.2K views

1. A fashion designer wants to produce a new line of clothes. In the production...

Accounting
1.2K views

On January 1, Evangel Company issued 9% bonds in the face amount of $100,000, which...

Finance
1.2K views

Which capital budgeting criteria is most controversial? a. MIRR b. IRR C. AAR d.PL e....