Which of the following statements about MAE and SSE is FALSE? Check all that apply. Lower values are preferred. Errors do not cancel out each other. They are unitless. O MAE stands for Mean Absolute Error. O MAE is always greater than SSE. None can be negative. A positive value means the forecasting method is biased. SSE is the scaled down version of MAE. They can be used to compare two applications of the same forecasting method. SSE stands for Sum of Standard Errors.
Which of the following statements about MAE and SSE is FALSE? Check all that apply. Lower values are preferred. Errors do not cancel out each other. They are unitless. O MAE stands for Mean Absolute Error. O MAE is always greater than SSE. None can be negative. A positive value means the forecasting method is biased. SSE is the scaled down version of MAE. They can be used to compare two applications of the same forecasting method. SSE stands for Sum of Standard Errors.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![Which of the following statements about MAE and SSE is
FALSE? Check all that apply.
O Lower values are preferred.
O Errors do not cancel out each other.
They are unitless.
MAE stands for Mean Absolute Error.
O MAE is always greater than SSE.
None can be negative.
U A positive value means the forecasting method is biased.
O SSE is the scaled down version of MAE.
They can be used to compare two applications of the same
forecasting method.
O SSE stands for Sum of Standard Errors.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faa2234a1-a525-4d5a-8356-3d1b5620c498%2Fae272656-e212-47f3-aa0f-3ffbf8bdf417%2Ft0y06yr_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following statements about MAE and SSE is
FALSE? Check all that apply.
O Lower values are preferred.
O Errors do not cancel out each other.
They are unitless.
MAE stands for Mean Absolute Error.
O MAE is always greater than SSE.
None can be negative.
U A positive value means the forecasting method is biased.
O SSE is the scaled down version of MAE.
They can be used to compare two applications of the same
forecasting method.
O SSE stands for Sum of Standard Errors.
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