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:

Verified
Correct Answer:
Verified
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