Question
How can you compare two different types of forecasts to understand which one is better? A) look at what actually happened and then see which
How can you compare two different types of forecasts to understand which one is "better"?
A) look at what actually happened and then see which of the forecasts was closer
B) calculate the overall average for the actual time period you have available and compare that with the forecast
C) Compare mean standard deviations
D) Bootstrap each of the forecasts
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Bankers Handbook On Credit Management
Authors: Indian Institute Of Banking & Finance
1st Edition
9387957853, 978-9387957855
