The forecasting error measurement that is different in that the measurement scale factor is eliminated is
A)MSE
B)MAD
C)RMSE
D)MAPE

Name: The forecasting error measurement that is different in that the measurement scale factor is eliminated is A)MSE B)MAD C)RMSE D)MAPE
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

MAPE (Mean Absolute Percentage Error) is different because it expresses the error as a percentage, eliminating the scale factor and allowing for comparison across different data sets.

The Forecasting Error Measurement That Is Different in That the Measurement