Which Summary Measure for Forecast Errors Does Not Depend on the Units

question 94

Multiple Choice

Which summary measure for forecast errors does not depend on the units of the forecast variable?

• A)MAE (mean absolute error)
• B)MFE (mean forecast error)
• C)RMSE (root mean square error)
• D)MAPE (mean absolute percentage error)

Understand the biological underpinnings of mental disorders, including genetic and neurochemical factors.

Interpret mental disorders through the lenses of various psychological models and theories.

Understand the concept of income and substitution effects and their impact on consumer choices.

Comprehend the principles of utility maximization and the behavior of rational consumers.

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Definitions:

Fear Response

The fear response is a physiological reaction that occurs in response to a perceived threat, involving the activation of the fight-or-flight response by the amygdala.

Increased Sexual Activity

A situation where individuals engage in sexual behaviors more frequently than is typical for them.

Fear Response

The automatic, rapid and often unconscious reaction to a perceived threat, involving physiological changes such as increased heart rate.

Amygdala

A section of the brain that is involved in emotions, emotional behavior, and motivation.