Question: When comparing several forecasting models to determine which one best fits a particular set of data, the model that should be selected is the one

When comparing several forecasting models to determine which one best fits a particular set of data, the model that should be selected is the one

a. with the highest MSE.

b. with the MAD closest to 1.

c. with a bias of 0.

d. with the lowest MAD.

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