Which of the following is not a method for assessing the accuracy of forecasting models?
A)Error
B)Bias
C)MAD
D)MAPE

Name: Which of the following is not a method for assessing the accuracy of forecasting models? A)Error B)Bias C)MAD D)MAPE
Brand: Quizplus
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Question

Quizplus · Accepted Answer

"Error" is a general term and not a specific method for assessing forecasting accuracy, unlike Bias, MAD (Mean Absolute Deviation), and MAPE (Mean Absolute Percentage Error), which are specific metrics used for this purpose.

Which of the Following Is Not a Method for Assessing