The Basic Difference Between MAD and MSE Is That MSE

question 89

Multiple Choice

The basic difference between MAD and MSE is that MSE, unlike MAD, penalizes a forecasting technique much more for ________ errors than for ________ errors.

• A) large, small
• B) small, large
• C) small, zero
• D) zero, large

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Definitions:

Limited Liability Partnership

A partnership where some or all partners have limited liabilities, protecting them from the debts of the partnership beyond their investment.

Negligently

Acting with a lack of care or concern for the consequences of one's actions that a reasonable person would have shown.

Liability

Legal responsibility for one's actions or omissions, which can result in an obligation to compensate any harm caused to others.

Limited Partner

An investor in a partnership who is not involved in the day-to-day operations and whose liability is limited to the amount invested in the business.