Multiple Choice
Which of the following is not one of the commonly used summary measures for forecast errors?
A) MAE (mean absolute error)
B) MFE (mean forecast error)
C) RMSE (root mean square error)
D) MAPE (mean absolute percentage error)
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Econometric models can also be called _
Q22: Extrapolation forecasting methods are quantitative methods that
Q23: Extrapolation methods attempt to<br>A)use non-quantitative methods to
Q24: Holt's method is an exponential smoothing method,which
Q25: If a time series exhibits an exponential
Q27: Simple exponential smoothing is appropriate for a
Q28: The most common form of autocorrelation is
Q29: The runs test uses a series of
Q30: An autocorrelation is a type of correlation
Q31: Assume that the trend line <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6977/.jpg"