If f_t denotes the forecast of y_t+1made at time t,then the forecast error is given by: A)e_t+1 = f_t/y_t+1. B)e_t+1 =y_t+1/f_t_?. C)e_t+1 = y_t+1+ f_t_?. D)e_t+1= y_t+1- f_t.

Name: If f t denotes the forecast of y t+1 made at time t,then the forecast error is given by: A)e t+1 = f t /y t+1 . B)e t+1 =y t+1 /f t ? . C)e t+1 = y t+1 + f t ? . D)e t+1 = y t+1 - f t .
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Quizplus · Accepted Answer

The forecast error is calculated as the difference between the actual value and the forecasted value, which is y_t+1 - f_t.

If Ft Denotes the Forecast of Yt+1made at Time T,then

If F_t Denotes the Forecast of Y_t+1made at Time T,then