The Basic Difference Between MAD and MSE Is That MSE

question 89

Multiple Choice

The basic difference between MAD and MSE is that MSE, unlike MAD, penalizes a forecasting technique much more for ________ errors than for ________ errors.

• A) large, small
• B) small, large
• C) small, zero
• D) zero, large

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Definitions:

Withholding Allowances

Designations that individuals can claim to reduce the amount of their income that is withheld for tax purposes, affecting the size of their paychecks and yearly tax liabilities.

Form W-4

A tax form used by employees to tell employers how much tax to withhold from their paycheck.

Withholding Base

This term represents the amount of an individual's income that is subject to tax withholding by employers, determining the portion of income that will have taxes withheld in advance.

Directly Tipped Employee

An employee who receives tips directly from customers for services rendered, often subject to different tax reporting requirements.