If Forecast Method A has a higher RMSE than that of Forecast Method B, then Forecast...

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If Forecast Method A has a higher RMSE than that of Forecast Method B, then Forecast...

If Forecast Method A has a higher RMSE than that of Forecast Method B, then Forecast Method A will have a higher MAPE than that of Forecast Method B.

True or False?

math Statistics-And-Probability

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Answer 1

Answer #1

Above statement is False.

Higher RMSE implies higher MAPE.

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Answer 2

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Homework Answers

Add Answer to: If Forecast Method A has a higher RMSE than that of Forecast Method B, then Forecast...

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If Forecast Method A has a higher RMSE than that of Forecast Method B, then Forecast...