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QUESTION
When comparing different forecasting models' outputs to determine which model best fits the data, the model chose is the one: with a bias of -1 b....
When comparing different forecasting models' outputs to determine which model best fits the data, the model chose is the one:
a. with a bias of -1
b. with the lowest MSE
c. with the highest MAD
d. with a MAPE of 99%
