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:

Ingroup

A social group to which a person psychologically identifies as being a member, often contrasting with an "outgroup" which the person does not identify with.

Outgroup

An outgroup is a social group to which an individual does not identify, often viewed with less favor than the in-group or the group to which the individual belongs.

Ingroup

A group to which an individual belongs, feels a sense of identity, and derives a positive self-esteem from membership.

Outgroup

Any group an individual does not belong to or identify with.