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Which of the following is true about the convention, used by some, in which all forecasts are equally weighted in the composite process? a) Such
Which of the following is true about the convention, used by some, in which all forecasts are equally weighted in the composite process?
a) Such a weighting usually minimizes forecast error variance.
b) Such a weighting minimizes forecast bias.
c) Such a weighting minimizes RMSE.
d) Such a weighting removes any model bias on the part of the forecaster.
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