Explain about r-squared for linear model - r-squared, Microeconomics

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Explain about r-squared for linear model - r-squared

Question 1 Explain about

MAD

MSE

Question 2 Explain about

a) Moving average forecast for year 13

b) Weighted moving average forecast for year 13

c) MAD for part a

d) MAD for part b

e) Recommended forecast method (justify):

Question 3 Explain about

R-squared for Linear model

R-squared for polynomial model

Regression formula for linear model

Regression formula for polynomial model

Recommended forecast method (justify):

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