Podcast
Questions and Answers
Which model had the highest reduction in Mean Squared Prediction Error (MSPE) compared to the benchmark?
Which model had the highest reduction in Mean Squared Prediction Error (MSPE) compared to the benchmark?
- KNN 1
- KNN 2 (correct)
- MVLR
- CART
What type of scale is used for risk communication with pre-defined thresholds?
What type of scale is used for risk communication with pre-defined thresholds?
- High risk
- Low risk
- Continuous scale
- Quantised scale (correct)
How many risk levels are recommended when communicating risk to society?
How many risk levels are recommended when communicating risk to society?
- Three
- Two (correct)
- Four
- Five
What type of forecasting was discussed in Lecture B of Week 4?
What type of forecasting was discussed in Lecture B of Week 4?
What is the primary focus of economic activity?
What is the primary focus of economic activity?
What does GDP represent?
What does GDP represent?
How does GNP differ from GDP?
How does GNP differ from GDP?
What represents the best collective judgment of the Monetary Policy Committee?
What represents the best collective judgment of the Monetary Policy Committee?
Which institution adopts approaches for describing the evolution of uncertainty?
Which institution adopts approaches for describing the evolution of uncertainty?
What do GDP and GNP stand for?
What do GDP and GNP stand for?
How is uncertainty represented in the Monetary Policy Committee's fan charts?
How is uncertainty represented in the Monetary Policy Committee's fan charts?
What distinguishes GNP from GDP?
What distinguishes GNP from GDP?
Flashcards are hidden until you start studying
