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

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Definitions:

Organic Product

The compound formed as the result of an organic chemical reaction.

Reaction

A process in which one or more substances, the reactants, are converted to one or more different substances, the products.

Hydroboration-Oxidation

A two-step chemical reaction that converts alkenes into neutral alcohols via the addition of borane followed by oxidation.

Alkenes

Unsaturated hydrocarbons containing at least one carbon-carbon double bond, with the general formula CnH2n.