Question: QUESTION 5 Four different forecasting methods were applied to a set of time - series data. The root - mean - square error ( RMSE

QUESTION 5
Four different forecasting methods were applied to a set of time-series data. The root-mean-square error (RMSE) was calculated for each method and is provided in the table below. Rank the four methods from the most accurate to the least accurate?
\table[[Method,A,B,C,D],[RMSE,10.1,11.9,12.5,9.5]]
A. C, B, A, D
B. C, B, D, A
C.D,A,B,C
D. A, D, B, C
QUESTION 5 Four different forecasting methods

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 Economics Questions!