Which of the following is not a potential advantage to using ARIMA models to gen

ID: 3318429 • Letter: W

Question

Which of the following is not a potential advantage to using ARIMA models to generate forecasts?

a They are useful when a set of explanatory variables cannot be identified.

They are useful when the only data available are the variable to be forecast.

c They determine a great deal of information about a time series.

d They are especially useful for long-term forecasts.

All of the above are potential advantages.

a They are useful when a set of explanatory variables cannot be identified.

They are useful when the only data available are the variable to be forecast.

c They determine a great deal of information about a time series.

d They are especially useful for long-term forecasts.

All of the above are potential advantages.

a They are useful when a set of explanatory variables cannot be identified is not a potential advantage to using ARIMA models to generate forecasts

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