Question: When considering a forecast error measurement - which of the following is True?Group of answer choicesI need affirmation that MAD, MSE and MAPE agree before
When considering a forecast error measurement which of the following is True?Group of answer choicesI need affirmation that MAD, MSE and MAPE agree before I can make a decision on which forecasting method to useRsquared and tracking signal are based on the same basic mathematical principles of logarithmMAPE can be used when I have sample sizes that vary and make it too hard to use MAD and MSETracking signal is irrelevant for finding out about lags due to seasonality or cycles
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