While there are four types of forecast error measures that can be used, none are foolproof.

Name: While there are four types of forecast error measures that can be used, none are foolproof.
Brand: Quizplus
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Quizplus · Accepted Answer

All four types of forecast error measures (mean absolute deviation, mean absolute percent error, mean squared error, and root mean squared error) have limitations and can produce inaccurate results in certain situations. Therefore, none of them can be considered foolproof.

While There Are Four Types of Forecast Error Measures That