Question: if a theil s u calculation is reported as 1 , this could be explained as: a likely error in the calculation since theil s

if a theils u calculation is reported as 1, this could be explained as:
a likely error in the calculation since theils i must always be less than 1
meaning that this forecast will never predict turning points
meaning that this forecast may be expected to be almost perfect actual practice
saying this forecast is comparable to a naive forecast

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Poly Distributors Ltd. December 31, 2019 PLANNING MEMORANDUM 1. Analytic Review Procedures (ARP) Per the horizontal analysis on WP A, the following unexpected or unusual changes occurred in 2019...

Q:

PLEASE COMPLETE NO LATER THAN 10/07 @8:00AM Each question(1,2,& 3) must be a minimum of 200 words. Please make answers detailed and knowledgeable based off the attached reading. ARE YOU ABLE TO...

Q:

Confirming Pages C H A P T E R 19 Analyzing Information and Writing Reports Chapter Outline Using Your Time Efficiently Analyzing Data and Information for Reports Identifying the Source of the Data...

Q:

ATC 14-1 (Pg. 686) 1.(Follow the cash) In a narrative format, answer the questions posed in the case. 2.What is meant by "presentation of financial statement information in common-size amounts rather...

Q:

ATC 14-1 (Pg. 686) 1.(Follow the cash) In a narrative format, answer the questions posed in the case. 2.What is meant by "presentation of financial statement information in common-size amounts rather...

Q:

Files 12:56 PM Mon May 16 25% Unit+2+workbook Q . . . Home Insert Draw Layout Review View Calibri Bold (Body) 36 B I U aAv A v Unit 2-Supply and Demand Name: HR: LAW OF SUPPLY Use the space below to...

Q:

Jacobson v. Massachusetts, 197 U.S. 11 (1905) Argued: December 6, 1904 Decided: February 20, 1905 Argued: December 5, 1904 Decided: February 19, 1905 Annotation PRIMARY HOLDING A state may enact a...

Q:

Need help finishing this assignment in term of comparing companies. Document will be provided ASSIGNMENT 2 - ACC/ACF5903 SEMESTER 1, 2017 This task is to be completed as a GROUP and accounts for 25%...

Q:

SPOTLIGHT ON WOMEN IN LEADERSHIP Spotlight ARTWORK Janet Echelman, Target Swooping Down..,Bullseye 2001, hand-knotted nylon lace net, 140' x 140 x 90 Madrid, Spain Great Leaders Who Make the Mix Work...

Q:

Attached is the assignment requirement and 2 previous assignments as example 1- the assignment should be zero plagiarism and similarity (no copy ans paste is accepted) 2- should be completed in the...

Q:

Are socially responsible companies economically successful? In other words, does it pay to be socially responsible?

Q:

Abdul Ghani performs house cleaning services and has his own home cleaning business. He is the sole owner of his business and is also the only one performing the cleaning services. Hence, he has not...

Q:

Damage to the nerve may result in dificuly ersending the knee as in kicking a ball.

Q:

What are some food related health care issues that inner cities are more likely to see than more affluent areas? Why are certain areas most likely to experience inadequate healthy food options than...