Question: Four different forecasting methods were applied to a set of time - series data. The root - mean - square error ( RMSE ) was
Four different forecasting methods were applied to a set of timeseries data. The rootmeansquare error RMSE was calculated for each method. Which of the following four RMSE values would be associated with the forecasting method that fit the data set best?
A
B
C
D
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
