All criteria used for selecting the best forecasting method _______.
A) work on a regression model framework
B) base their calculation on the forecaster's judgment
C) base their calculations solely on known values of explanatory variables
D) compare competing models on the basis of residuals

Question

Quizplus · Accepted Answer

The criteria for selecting the best forecasting method involve comparing competing models on the basis of residuals.

All Criteria Used for Selecting the Best Forecasting Method _______