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Box-Jenkins Model |
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Box-Jenkins Model A methodology that makes forecasts of future economic behavior by applying a best fit model to past behavior. In using the model, one applies an autoregressive moving average to past data. In order to do this accurately, one must identify the data being measured and ensure it is independent of other variables, define the parameters of investigation, and check the model. The model is used in econometrics. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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