Suppose the following forecasts and realized exchange rates exist: Quarter Forecast Realized Spot Rate 2013Q2 USD10.120/ABC...
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Suppose the following forecasts and realized exchange rates exist: Quarter Forecast Realized Spot Rate 2013Q2 USD10.120/ABC USD10.592/ABC 2013Q3 USD11.124/ABC USD11.148/ABC 2013Q4 USD12.126/ABC USD12.99/ABC Calculate the mean absolute error. Make sure to round your answer and all intermediate steps to four decimal places. Do not label your answer. Type your answer..... Suppose the following forecasts and realized exchange rates exist: Quarter Forecast Realized Spot Rate 2013Q2 USD10.120/ABC USD10.592/ABC 2013Q3 USD11.124/ABC USD11.148/ABC 2013Q4 USD12.126/ABC USD12.99/ABC Calculate the mean absolute error. Make sure to round your answer and all intermediate steps to four decimal places. Do not label your answer. Type your answer.....
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To forecast the 2014Q1 exchange rate we can use the random walk model which assumes that the next pe... View the full answer
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