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three. Correction of Deviation: Comparison of genuine overall performance While using the prepared targets is critical. Deviation might be outlined since the gap involving actual functionality and also the prepared targets.
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Schwarz Facts Conditions (SIC) is yet another criterion that selects a proper econometric product. It's better penalty compared to AIC, so SIC is much more correct to choose the design. Hannan Quinn Information and facts Conditions is use to handicap or penalize overall performance of the product for its different types of parameters. Choice Requirements is actually a specify model variety criterion that is definitely used to supply possibilities presented from the forecast statement (SAS Publishing, 2007).
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