Question: PLACE AN X NEXT TO THE STATEMENT THAT IS TRUE ABOUT MAD and MAPE In forecasting, a LARGER MAD is preferred X In forecasting, a
| PLACE AN "X" NEXT TO THE STATEMENT THAT IS TRUE ABOUT MAD and MAPE | ||||||||
| In forecasting, a LARGER MAD is preferred | ||||||||
| X | In forecasting, a SMALLER MAD is preferred | |||||||
| In forecasting, a LARGER MAPE is preferred | ||||||||
| X | In forecasting, a SMALLER MAPE is preferred | |||||||
| MAPE | ||
| 3MA - Single Vendor | 33.85 | |
| EXPSM - Single Vendor | 14.74 |
| Explain WHY the SINGLE VENDOR has these MAPE results: |
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