A Measure of Forecast Error That Does Not Depend Upon

question 95

Short Answer

A measure of forecast error that does not depend upon the magnitude of the item being forecast is the ________.

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Definitions:

Complete Portfolio

A portfolio that includes both risky assets and a risk-free asset, optimizing the balance between risk and return.

Proportions

The relationship between parts of a whole, expressed as fractions, percentages, or ratios.

Capital Market Line

A line used in the capital asset pricing model to illustrate the rates of return for efficient portfolios depending on the risk (measured by standard deviation).