Question: Under MSE loss function, combine the three forecasts. Calculate the MSE loss for the combined forecast by implementing the equal-weighted forecast, the MSE-inversely weighted forecast,

Under MSE loss function, combine the three forecasts. Calculate the MSE loss for the combined forecast by implementing the equal-weighted forecast, the MSE-inversely weighted forecast, and the OLS-weighted forecast. Are there any diversification gains for any of these combined forecasts?

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