Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

To evaluate forecasting performance of a model or compare relative performance of two
models, examine
a. contingency forecasts
b. conditional forecasts
c. ex ante forecasts
d. ex post forecasts
e. all of these


Sagot :

Therefore, the answer to this question is option (C) ex ante forecasts

What is  forecasting performance?

To face the challenge of improving operational performance while increasing production efficiency, performance forecasting is a crucial service to help decision-making in the idea, design, and operational phases of an asset.

Here,

As to evaluate forecasting performance of a model or compare relative performance of two models,

can be examined on the basis of ex ante forecasts

The term "ex-ante forecast" refers to a forecast that only takes into account the data (i.e., the value of economic variables) that is available at the time of the actual forecast and not the value of some variables that will be available later on.

Therefore, the answer to this question is option (C) ex ante forecasts

To know more about forecast , visit

https://brainly.com/question/27994086

#SPJ4