Assume That You Have Tried Three Different Forecasting Models

question 27

Multiple Choice

Assume that you have tried three different forecasting models.For the first,the MAD = 2.5,for the second,the MSE = 10.5,and for the third,the MAPE = 2.7.We can then say:

• A)the third method is the best.
• B)the second method is the best.
• C)methods one and three are preferable to method two.
• D)method two is least preferred.
• E)None of the above

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