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Which of the following statements about CFE and MFE is FALSE? Check all that apply. Group of answer choices CFE is the scaled down version
Which of the following statements about CFE and MFE is FALSE? Check all that apply.
Group of answer choices
CFE is the scaled down version of MFE.
They are unitless.
A positive CFE means the forecasting method is biased towards overestimating.
The biases are aggregated.
Positive errors may be offset by the negative ones.
The least biased CFEMFE is preferred.
They cannot be negative.
MFE stands for Mean Forecast Error.
CFE stands for Cumulative Forecast Error.
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