Question: Given the following table, calculate the Mean Absolute Deviation ( MAD ) , Mean Squared Error ( MSE ) and Mean Absolute Percentage Error (
Given the following table, calculate the Mean Absolute Deviation MAD Mean Squared Error MSE and Mean Absolute Percentage Error MAPE
tableInstitutional Sectors,tableGDP ActualtableForecastmethod tableForecastmethod Oil Sector,NonOil Sector,Government Sector,Private Sector,Gross Value Added,Net Taxes on Products,Gross Domestic Product,
Which one method has the largest deviation error
Which one method has the best fit?
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