Quarterly GDP values (contd). Refer to Exercises 14.66 and 14.67. For each of the forecasting models, apply

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Quarterly GDP values (cont’d). Refer to Exercises 14.66 and 14.67. For each of the forecasting models, apply the MAD, MAPE, and RMSE criteria to evaluate the forecasts for the four quarters of 2020. Which of the forecasting models performs best according to each criterion? (You will need to obtain the actual 2020 GDP values to complete this exercise.)

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