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Which of the following is incorrect ? Evaluation of forecast accuracy A.is done by averaging forecast errors. B.is important since the production of forecasts is

Which of the following isincorrect? Evaluation of forecast accuracy

A.is done by averaging forecast errors.

B.is important since the production of forecasts is costly to the firm.

C.both b) and d) are incorrect.

D.requires the use of symmetric error cost functions.

E.is important since it may reduce business losses from inaccurate forecasts.

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