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Discuss the similarities and difference between Level Shifts and Additive Outliers including how you would go...

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Operations Management

Discuss the similarities and difference between Level Shifts andAdditive Outliers including how you would go about identifying themand then dealing with them in a forecasting scenario

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The similarities between Additive Outlier and Level Shift Outlier are as follows Both are types of outliers ie are inconsistent when compared with the majority of the observation    See Answer
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