Which of the following is a drawback of mean absolute deviation (MAD)?
A)There is no information about the forecasting bias.
B)The cancellation of the positive and negative forecast errors can distort the information.
C)Large errors tend to be magnified because they are squared.
D)It is very complex to calculate.

Question

Quizplus · Accepted Answer

Mean Absolute Deviation (MAD) does not provide information about the direction of errors (forecasting bias), as it only measures the average magnitude of errors without considering their direction (positive or negative).

Which of the Following Is a Drawback of Mean Absolute