Menu

Hi There Help Me To Answer And Understand This Question Which Of The Following S

Hi there, help me to answer and understand this question.

Which of the following statements do, in part, explain why the more complex models have a higher MAPE (Mean Absolute Percentage Error)?

Select the best answer

a) MAPE captures forecast bias, and the more complex models are biased upwards

b) None of the forecast models include a seasonal component, while the incoming calls display strong seasonality

c) If the training data set was larger, the more complex models would be more accurate

d) None of the above

Leave a Reply

Your email address will not be published. Required fields are marked *