Question: Which statement about mean absolute percentage error ( MAPE ) and mean absolute deviation ( MAD ) is true? The MAPE is easier to compute
Which statement about mean absolute percentage error MAPE and mean absolute deviation MAD is true?
The MAPE is easier to compute than the MAD.
The MAPE provides a direct measure of the variability of the forecasted values.
The MAPE factors in the size of the errors relative to the actual values.
The MAPE considers only positive errors, leading to more accurate results.
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