Zanda Corp

question 3

Multiple Choice

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?

• A)MAD of the two models
• B)MAPE of the two models
• C)RMSE of the two models
• D)MFE of the two models

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Definitions:

Sartorius

The sartorius is a long, thin, superficial muscle that runs down the length of the thigh in the human body, known for being the longest muscle.

Thorax Muscle

Refers to the muscles located in the chest region that assist with the breathing process and support upper body movements.

Intercostal

Pertaining to the muscles and nerves situated between the ribs, involved in the mechanics of breathing.

Serratus Anterior

A muscle located on the side of the chest, playing a significant role in the movement of the shoulder blade.