Question: Which statement about forecast accuracy is true? Select one: A . The ultimate test of forecasting power is how well a model fits past data.
Which statement about forecast accuracy is true?
Select one:
A The ultimate test of forecasting power is how well a model fits past data.
B The best technique in explaining past data is the best technique to predict the future.
C A manager must be careful not to "overfit" past data.
D The ultimate test of forecasting power is how a model fits holdout samples.
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