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Which of the following statements is true about prediction errors? O lt is possible to obtain the prediction errors even though the actual values of

Which of the following statements is true about prediction errors?

O lt is possible to obtain the prediction errors even though the actual values of y are unknown. O None of the above is true. O lt is always better to have a prediction with as small an error as possible. O The prediction error would be positive if we underpredict the value

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