Which of the Following Is NOT a Way to Measure

question 11

Multiple Choice

Which of the following is NOT a way to measure forecasting errors?

• A)mean squared error (MSE)
• B)mean absolute deviation (MAD)
• C)mean absolute percentage error (MAPE)
• D)error sum of squares (SSE)

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Definitions:

World Bank

A multilateral organization designed to provide financing, advice, and research to developing nations to aid their economic advancement.

Multilateral Organization

An organization composed of multiple countries that work together on a given issue or project.

Subsidized Loans

Loans on which the interest is either paid by another party or is not accrued, reducing the cost for the borrower, usually provided based on financial need.

Flat World

A metaphor describing a global environment where geographical and cultural barriers to communication, trade, and travel are diminishing, making the world more interconnected.