In autoregressive forecasting,each independent variable represents the value of the dependent variable for a previous time period.

Name: In autoregressive forecasting,each independent variable represents the value of the dependent variable for a previous time period.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

In autoregressive forecasting models, each independent variable indeed represents the value of the dependent variable at a previous time step, making the model rely on its own past values for predictions.

In Autoregressive Forecasting,each Independent Variable Represents the Value of the Dependent