In Situations Where You Need to Compare Forecasting Methods for Different

question 30

Multiple Choice

In situations where you need to compare forecasting methods for different time periods,the most appropriate accuracy measure is

• A)MSE.
• B)MAPE.
• C)MAE.
• D)ME.

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Definitions:

Financial Account

A component of the balance of payments that records transactions of financial assets between a country and the rest of the world.

Current Account Balance

The sum of a country's net income from foreign trade, net current transfers, and net income, often indicating the country's economic health.

Current Account

The section in a nation’s international balance of payments that records its exports and imports of goods and services, its net investment income, and its net transfers.

Investment Income

Income earned from the investment of capital in assets such as stocks, bonds, real estate, or other investment vehicles.