which of the following forecast is the WORST given following RSFE Zach's forecast RSFE = -...
which of the following forecast is the WORST given following RSFE
Zach's forecast RSFE = - 82
Ali's forecast RSFE = 91
Zakaria's forecast RSFE = - 43
Tom's forecast = 56
Which one of these is correct?
- Zach's forecast
- Ali's forecast
- Zakaria's forecast
- There's no difference between these four forecasts
- Tom's forecast
Homework Answers
1. Ali's forecast
Since RSFE represents recurring sum of forecast error, the larger the value, the more the error is represented away from the center and therefore, Ali's forecast can be considered to be the worst.
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which of the following forecast is the WORST given following
RSFE
Zach's forecast RSFE = -...
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