In situations where forecast errors are to be weighed in proportion to their magnitude, the preferred performance evaluator would most likely be:
A)MSE.
B)MAD.
C)MAPE.
D)LAD.

Question

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The Answer of In situations where forecast errors are to be weighed in proportion to their magnitude, the preferred performance evaluator would most likely be:
A)MSE.
B)MAD.
C)MAPE.
D)LAD.

In Situations Where Forecast Errors Are to Be Weighed in Proportion