The best forecasting method is the one that gives the highest proportion of correct predictions. Comment.

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"The best forecasting method is the one that gives the highest proportion of correct predictions." Comment.

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Question Posted: Jun 20, 2016 12:29 AM

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The best forecasting method is the one that gives the highest proportion of correct predictions. Comment.

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Not necessarily While more accuracy is better than less a cost i...View the full answer

Managerial Economics

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