Solved

Which of the Following Statements Is True About the Forecasting

Question 34

Multiple Choice

Which of the following statements is true about the forecasting error measures?


A) Mean absolute deviation is complex and difficult to compute.
B) Cumulative sum error tracks the forecasting bias.
C) Mean absolute deviation provides the percentage of error.
D) Mean squared errors cannot track the accuracy of the forecast.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions