Question: Which of the following is FALSE regarding evaluating forecasting errors? Multiple Choice Mean squared error can be heavily influenced by one single large forecast error.

Which of the following is FALSE regarding

Which of the following is FALSE regarding evaluating forecasting errors? Multiple Choice Mean squared error can be heavily influenced by one single large forecast error. Mean squared error goes beyond averaging out the forecast errors. Mean squared error and mean absolute error always agree on which forecast is better. Mean squared error aggregates forecast errors without canceling out positive and negative forecast errors

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