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MMLU-Pro / 6989 / Which of the following is a DISADVANTAGE of using pure time-series models…

Problem

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question

Which of the following is a DISADVANTAGE of using pure time-series models (relative to structural models)?

category

economics

options

  1. They are not theoretically motivated
  2. They cannot produce forecasts easily
  3. They cannot be used for very high frequency data
  4. It is difficult to determine the appropriate explanatory variables for use in pure time-series models

src

ori_mmlu-econometrics

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