Zanda Corp

question 3

Multiple Choice

Zanda Corp.has been testing the performance of two different forecasting models to see which it should adopt for use.It wants to choose the model that has the smaller standard deviation of the forecast errors.Zanda should compare which of the following to make its choice?

• A)MAD of the two models
• B)MAPE of the two models
• C)RMSE of the two models
• D)MFE of the two models

---

Definitions:

Routine Claim Letter

A formal written request addressing a problem or issue, typically seeking compensation or rectification.

Wireless-G Broadband Router

A device that provides a wireless local area network (LAN) with the ability to transmit data over the internet using the 2.4 GHz band, adhering to the IEEE 802.11g standard.

Model No.

A unique identifier assigned to a specific product model by a manufacturer, used for tracking, identification, and inventory purposes.

Year Warranty

A guarantee provided by the manufacturer or seller, promising to repair or replace the product if necessary within a specified period, typically one year.