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Table 12 The Diebold-Mariano statistics for 10-day forecast of WTI/BRENT/ORB, for the alternative hypothesis that Method-10 is better in terms of accuracy versus the method of choice

From: A hybrid Bayesian-network proposition for forecasting the crude oil price

  WTI BRENT ORB
Method-1 1.93 (0.04) 1.39 (0.09) 1.45 (0.08)
Method-2 1.99 (0.03) 1.39 (0.09) 2.80 (0.01)
Method-3 2.17 (0.02) 1.38 (0.09) 5.89 (0.00)
Method-4 3.32 (0.00) 1.44 (0.09) 3.47 (0.00)
Method-5 1.85 (0.04) 1.41 (0.08) 1.55 (0.07)
Method-6 1.05 (0.01) 0.06 (0.10) 0.33 (0.03)
Method-7 2.20 (0.02) 0.87 (0.20) 1.90 (0.04)
Method-8 4.56 (0.00) 2.35 (0.02) 3.06 (0.00)
Method-9 2.70 (0.01) 2.48 (0.01) 3.14 (0.00)