Question: Zanda Corp. has been testing the performance of two different forecasting models to see which it should adopt for use. It wants to choose the
Zanda Corp. has been testing the performance of two different forecasting models to see which it should adopt for use. It wants to choose the model that has the smaller standard deviation of the forecast errors. Zanda should compare which of the following to make its choice?
Group of answer choices
MAD of the two models
MAPE of the two models
MFE of the two models
RMSE of the two models
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