question archive What is the best way to decide on whether a linear or nonlinear model would be most appropriate? Multiple Choice An evaluation of the subsample of the historical data

What is the best way to decide on whether a linear or nonlinear model would be most appropriate? Multiple Choice An evaluation of the subsample of the historical data

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What is the best way to decide on whether a linear or nonlinear model would be most appropriate?

Multiple Choice

  • An evaluation of the subsample of the historical data.
  • A review of the dependent variable, the series to be forecast, and the independent variable(s).
  • A visual inspection of the data in a graphical format.
  • A forecast of the independent variables.

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