An analyst is comparing the out-of-sample forecasting performance of an AR(1) model and an AR(2) model for monthly inflation rates. Which of the following metrics is the most appropriate for making this comparison? | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
Chartered Financial Analyst Level 2
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An analyst is comparing the out-of-sample forecasting performance of an AR(1) model and an AR(2) model for monthly inflation rates. Which of the following metrics is the most appropriate for making this comparison?