Question: 10 points Save Answer 1. Theil's U-statistic for errors, using a regression forecast, turns out to be = 1.00. What does that mean? Theil's U

10 points Save Answer 1. Theil's U-statistic for errors, using a regression forecast, turns out to be = 1.00. What does that mean? Theil's U = (Standard error of the forecast model being used)/(Standard error of the naive forecast model) a. The naive method produces better results than the regression technique being used E=mc2 b. The naive method is as good as the regression forecasting technique being used. d. The regression forecasting technique being used is better than the nave method
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