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    Exam 12: Time Series Analysis and Forecasting
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    Which Summary Measure for Forecast Errors Does Not Depend on the Units
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Which Summary Measure for Forecast Errors Does Not Depend on the Units

Question 94

Question 94

Multiple Choice

Which summary measure for forecast errors does not depend on the units of the forecast variable?


A) MAE (mean absolute error)
B) MFE (mean forecast error)
C) RMSE (root mean square error)
D) MAPE (mean absolute percentage error)

Correct Answer:

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