Question: Write it in different way : Technique 1 has a MAD of 4.67, and Technique 2 has a MAD of 5.67. Since a lower MAD
Write it in different way : Technique 1 has a MAD of 4.67, and Technique 2 has a MAD of 5.67. Since a lower MAD indicates a better performance, Technique 1 is the better forecasting method according to the MAD criterion
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
