Question: If Theil's U is above 1 for some forecasting method, M , then Show answer choices forecasting method M is , on average, off by
If Theil's U is above for some forecasting method, M then
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forecasting method M is on average, off by less than from the actual values of the data.
forecasting method M is more accurate than the Naive forecasting method.
forecasting method M is less accurate than the simple moving average
forecasting method M is less accurate than the Naive forecasting method.
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