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Explain why most forecasting error measures use either the abs... | Filo

Explain why most forecasting error measures use either the abs... | Filo

Explain why most forecasting error measures use either the abs... | Filo

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(Forecast error variance- in models with estimated parameters) ... | Filo

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SOLVED: Which of the following is true? Forecast errors cannot be negative. Forecast errors are negative when the forecasted rate exceeds the realized rate. Absolute forecast errors are negative when the forecasted rate exceeds the realized rate. None of the above

SOLVED: Which of the following is true? Forecast errors cannot be negative. Forecast errors are negative when the forecasted rate exceeds the realized rate. Absolute forecast errors are negative when the forecasted rate exceeds the realized rate. None of the above

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