Question
In terms of error criteria, if we used a nave forecast then the following would be true Select one: a. The Mean Error would be
In terms of error criteria, if we used a nave forecast then the following would be true
Select one:
a. The Mean Error would be exactly zero
b. The Mean Absolute Error will always be smaller than the Root Mean Square Error
c. The MAE would be 0
d. None of the above
e. Both (a) and (c) above
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Introduction To Statistical Investigations
Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy
1st Edition
1118172140, 978-1118172148
