The following is the list of MAD statistics for each of the models you have estimated from time-series data: Model Linear Trend Quadratic Trend Exponential Trend AR(2) Based on the MAD criterion, the most appropriate model is AR(2). O exponential trend. O linear trend. MAD 2.38 3.22 1.39 2.71 O quadratic trend.

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**MAD Statistics for Time-Series Models**

The following is the list of MAD (Mean Absolute Deviation) statistics for each of the models you have estimated from time-series data:

| Model               | MAD  |
|---------------------|------|
| Linear Trend        | 2.38 |
| Quadratic Trend     | 3.22 |
| Exponential Trend   | 1.39 |
| AR(2)               | 2.71 |

Based on the MAD criterion, the most appropriate model is

- [ ] AR(2)
- [ ] exponential trend
- [ ] linear trend
- [ ] quadratic trend
Transcribed Image Text:**MAD Statistics for Time-Series Models** The following is the list of MAD (Mean Absolute Deviation) statistics for each of the models you have estimated from time-series data: | Model | MAD | |---------------------|------| | Linear Trend | 2.38 | | Quadratic Trend | 3.22 | | Exponential Trend | 1.39 | | AR(2) | 2.71 | Based on the MAD criterion, the most appropriate model is - [ ] AR(2) - [ ] exponential trend - [ ] linear trend - [ ] quadratic trend
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