Meaning of "U"
If U = 1 Then the "Naive" (NF1) Method is as good as the current Forecast Method
If U < 1 Then the Forecasting Method is better than the NF1 Method
If U > 1 Then the NF1 Method is better than the Forecasting Method. There is no need to waste time applying further Forecasting methods.
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Famous quotes containing the words meaning of and/or meaning:
“Even in my own writings I cannot always recover the meaning of my former ideas; I know not what I meant to say, and often get into a regular heat, correcting and putting a new sense into it, having lost the first and better one. I do nothing but come and go. My judgement does not always forge straight ahead; it strays and wanders.”
—Michel de Montaigne (1533–1592)
“To summarize the contentions of this paper then. Firstly, the phrase ‘the meaning of a word’ is a spurious phrase. Secondly and consequently, a re-examination is needed of phrases like the two which I discuss, ‘being a part of the meaning of’ and ‘having the same meaning.’ On these matters, dogmatists require prodding: although history indeed suggests that it may sometimes be better to let sleeping dogmatists lie.”
—J.L. (John Langshaw)