Which Method Would You Recommend in Selecting the Appropriate Forecasting

question 100

Multiple Choice

Which method would you recommend in selecting the appropriate forecasting model if avoiding large errors is extremely important?

• A)Mean absolute deviation (MAD).
• B)Either Mean absolute deviation (MAD) or Sum of squares for forecast error (SSE).
• C)Sum of squares for forecast error (SSE).
• D)Neither Mean absolute deviation (MAD) or Sum of squares for forecast error (SSE)

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Definitions:

Tundra

A cold, treeless biome characterized by low temperatures, short vegetation, and a short growing season, found in high latitude regions.

Profundal Zone

A deep zone in a body of water where sunlight does not penetrate, often characterized by cold temperatures and low oxygen levels.

Decomposers

Organisms, such as bacteria and fungi, that break down dead organisms and waste materials, recycling nutrients back into the ecosystem.

Detritivores

Organisms that decompose organic material by feeding on detritus, contributing to the recycling of nutrients in an ecosystem.