The Dispersion of Forecast Errors Is Measured by Both MAD

question 55

Short Answer

The dispersion of forecast errors is measured by both MAD and MSE, which behave differently in the way they emphasize errors. ________ gives larger weight to errors and ________ gives smaller weight to errors.

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Definitions:

Sexual Orientation

The attraction that people feel for people of the same or different sex.

Sexualization

The act or process of assigning sexual characteristics or roles to individuals or objects, often reducing them to merely sexual beings or commodities.

Psychological Harm

Emotional or mental injury caused by experiences of stress, trauma, or neglect.

American Psychological Association

A prominent scientific and professional organization representing psychology in the United States, dedicated to advancing psychological knowledge and practices.