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QUESTION 28 A is a range of numbers that represent a collection of reasonable possibilities as to what the future value of a time series
QUESTION 28 A is a range of numbers that represent a collection of "reasonable possibilities" as to what the future value of a time series Y will be. O prediction interval O hurricane plot point forecast O confidence level QUESTION 29 Suppose you calculate a Theil's U value for some forecasting model (call it "Model A"), and you find it to be 0.14. What does this tell you about your forecasting model? O Forecasts made with Model A will be 14% more accurate than forecasts made with the Naive 1 model. O The RMSE of Model A is smaller than the RMSE for the Naive 1 model. The average error of Model A is 0.14 The mean squared error of Model A is 0.0196
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