If One Time Series Model Is Used for Forecasting a Low-Demand

question 32

Multiple Choice

If one time series model is used for forecasting a low-demand item and another time series model is used for forecasting a high-demand item,which measure of forecast accuracy provides a valid comparison of the errors from these two time series?

• A) CFE
• B) MSE
• C) MAD
• D) MAPE

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Definitions:

Brain Development

The process involving growth and change in the brain's structure, function, and chemistry, significantly occurring during childhood and adolescence.

Physical Violence

The use of physical force with the intention to hurt, damage, or kill someone or something.

Mutual Interaction

Reciprocal actions or influence between two or more objects, organisms, or individuals.

Synchrony

The simultaneous action, development, or occurrence of events or processes.