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:

High Rates

A term often used to indicate the elevated frequency or level of a particular occurrence, such as interest rates, inflation, or unemployment.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed. It is thought to be one of the underlying causes of depression.

Generalization

The process of drawing a broad conclusion based on specific instances, applying a rule or observation to similar situations.

Partial Reinforcement

A learning condition in which only some of the organism’s responses are reinforced.