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Which Method Would You Recommend in Selecting the Appropriate Forecasting

Question 100

Multiple Choice

Which method would you recommend in selecting the appropriate forecasting model if avoiding large errors is extremely important?


A) Mean absolute deviation (MAD) .
B) Either Mean absolute deviation (MAD) or Sum of squares for forecast error (SSE) .
C) Sum of squares for forecast error (SSE) .
D) Neither Mean absolute deviation (MAD) or Sum of squares for forecast error (SSE)

Correct Answer:

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