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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!