Which of the Following Statistical Measures Is Used to Help

question 113

Multiple Choice

Which of the following statistical measures is used to help decision makers assess the potential for their model to provide usable forecasts?

• A) The mean absolute deviation
• B) The mean square error
• C) Both A and B
• D) Neither A nor B

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Scientific Tools

Instruments or methodologies used in the conduct of scientific research, including experiments and data analysis, to gain knowledge or solve problems.

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