Question

The following regression output is from a multiple regression model:

The variables t, t2, and t3 represent the t, t-squared, and t-cubed respectively where t is the indicator of time from periods t = 1 to t = 20. Which of the following best describes the type of forecasting model that has been developed?

A) A complete third-order polynomial model

B) A tri-variate smoothed regression model

C) A nonlinear trend model

D) A qualitative regression model

Answer

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