The accompanying data represent the yearly amount of solar power installed in magwats) in a particular area from 2000 through 2008. The trend forecasting equations below were found, where is the number of years ater 2000 Complete parts (a) through (b) below. a. Compute the standard error of the estimate (Syx) for each model Linear Quadratic Syx ____ ______
(Round to three decimal places as needed b. Compute the MAD for each model Linear Quadratic MAD ____ _______
(Round to three decimal places as needed c. On the basis of (a) and (D) and the principle of parsimony, which forecasting model would you select? The model with the ______ values of Syx and MAD should be used, which is the_____ model .