Question: Which is a true statement about the forecasting errors? Answer The forecasting method with the highest MAD, MSE or MAPE is best. The forecasting method
Which is a true statement about the forecasting errors?
Answer
The forecasting method with the highest MAD, MSE or MAPE is best.
The forecasting method with the lowest MAD, MSE or MAPE is best.
The forecasting method with the most negative value is worst.
The forecasting method with the lowest MAD, MSE or MAPE is worst.
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