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Author Question: Which statement about forecast accuracy is TRUE? (Read 94 times)

Zoey63294

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on: Apr 18, 2020
Which statement about forecast accuracy is TRUE?
◦ The ultimate test of forecasting power is how well a model fits past data.
◦ A manager must be careful not to "overfit" past data.
◦ The ultimate test of forecasting power is how a model fits holdout samples.
◦ The best technique in explaining past data is the best technique to predict the future.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
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Marked as best answer by Zoey63294 on Apr 18, 2020

dajones82

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Reply #1 on: Apr 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Zoey63294

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Reply 2 on: Apr 18, 2020
Thanks for the timely response, appreciate it

adammoses97

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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