Multiple Choice
Which of the following is true regarding the MSE and MAD in forecasting?
A) The MAD will tend to be a larger value than the MSE.
B) The MSE is much more useful than the MAD.
C) The square root of the MSE provides a value that will be similar to the MAD.
D) The MAD will be equal to the MSE.
Correct Answer:
Verified
Correct Answer:
Verified
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