Multiple Choice
If ft denotes the forecast of yt+1 made at time t, then the forecast error is given by:
A) et+1 = ft/yt+1.
B) et+1 = yt+1/ft.
C) et+1 = yt+1 + ft.
D) et+1 = yt+1 - ft.
Correct Answer:
Verified
Correct Answer:
Verified
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