Author Question: In measuring forecast errors, the MAD and the square root of the MSE will provide similar (but not ... (Read 45 times)

Bob-Dole · **on:** Jun 24, 2018

In measuring forecast errors, the MAD and the square root of the MSE will provide similar (but not identical) values, in that both provide a measure of the typical amount of error in forecasts.

Indicate whether the statement is true or false

Question 2

The variance inflation factor (VIF) provides a measure for each independent variable of how much multicollinearity is associated with that particular independent variable.

Indicate whether the statement is true or false