Question: Using MAE, MSE, MAPE as guidance, which forecasting approach is better in this case and why? Moving Average MAE 0.98 MSE 1.403 MAPE 0.744% Exponential
- Using MAE, MSE, MAPE as guidance, which forecasting approach is better in this case and why?
Moving Average
MAE 0.98 MSE 1.403 MAPE 0.744%
Exponential smoothing
MAE 0.99 MSE 1.364 MAPE 0.752%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
