Why is the MAD type of error measurement preferred over the ME type of error?

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Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

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Question Posted: Nov 28, 2023 02:40 AM

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Why is the MAD type of error measurement preferred over the ME type of error?

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The Mean Absolute Deviation MAD is often preferred over the Mean Error ME as a measure of forecastin...View the full answer

Business Statistics Using Excel

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