Question

Which of the following is true regarding earnings forecasts made by analysts versus forecasts made by statistical models?
a. The evidence tends to support analysts' forecasts in terms of accuracy over statistical models.
b. The evidence tends to support statistical models' forecasts in terms of accuracy over statistical models.
c. The evidence tends to support both types of forecasts equally.
d. The evidence does not support either type of forecast in terms of accuracy.

Answer

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