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:

Regulated

Controlled or governed by rules, laws, or standards set by authoritative bodies to ensure compliance and protection of public interests.

Budget

An estimation of income and expenditure for a set period of time, often used for planning and controlling financial resources.

Recruitment Method

Strategies or techniques used by organizations to find and attract candidates for employment.

ESDC

Employment and Social Development Canada, a department of the Canadian government responsible for programs related to employment, labour, and social development.