Question 5 of 12 1.0 Points The forecast eror for period t is thethe forecast and actual values for periodt the A. product of diference between C. quotient of D. sum of : Question 6 of 12 15.0 Points
Expert Answer
1. The forecast error for period t is the _________ the forecast and actual values for period t.
Answer -Difference Between
Explanation- forecasting error is defined as a total difference between forecast value and the actual value ..