among different measures of forecast accuracy, __________ penalizes the most for making large forecasting mistakes.

Answers

Answer 1

Among different measures of forecast accuracy, Mean Squared Error (MSE) penalizes the most for making large forecasting mistakes.

MSE is calculated by taking the average of the squared differences between the forecasted values and the actual values.

The squared differences are used to ensure that both positive and negative errors contribute to the overall accuracy assessment, and by squaring the errors, larger errors are emphasized more than smaller errors.

The squaring of errors in MSE has the effect of magnifying larger errors compared to other metrics such as Mean Absolute Error (MAE) or Mean Absolute Percentage Error (MAPE).

This means that MSE is more sensitive to outliers and large errors in the forecast, making it a stringent measure of accuracy.

By penalizing large forecasting mistakes more heavily, MSE highlights the importance of minimizing significant errors in forecasts.

It emphasizes the need for accurate predictions, particularly when the impact of large errors can have significant consequences, such as in financial forecasting, supply chain management, or resource planning.

The use of MSE as a measure of forecast accuracy can incentivize forecasters to prioritize reducing the magnitude of large errors in their models and forecasts.

It encourages efforts to improve accuracy and precision, as larger errors will have a disproportionately higher impact on the overall MSE value.

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Related Questions

A legal alien has all of the same rights as a citizen in the United States.
true or false

Answers

the answer to this is false

Hope I helped!

Answer:

yes but and illegal alien has not the same rights

What are 5 ways to lose the mandate of heaven?

Answers

Answer:

If a king ruled unfairly he could lose this approval, which would result in his downfall. Overthrow, natural disasters, and famine were taken as a sign that the ruler had lost the Mandate of Heaven.

Explanation:

During World War II, what prompted many Americans to grow their own produce in Victory gardens? A shortage of workers and transportation made it hard to get crops. The government closed all food shops until the end of the war. Most food shops were converted to war equipment manufacturers. The government established strict curfews that limited shopping opportunities.

Answers

A shortage of workers and transportation made it hard to get crops.
Most men went to war .

B. Fill in the blanks :
1. Women are paid__________
for doing the same work as compared to men.
2. Gender inequality is a__________
problem which afflicts our country today.
3. Raja Ram Mohan Roy was the first__________ to take the lead in the direction of social reform.
4. Women have been subjected to________
humiliation and__________.
5. The National Commision for Women was set up in January___________.​

Answers

Answer:

1ans. money

2ans. major

3 ans. person

5ans. 2005 20 jan

Answer:

1. wages

2.serious

3.person

4. domestic violence and dowry

5. january 20,2005

How does the Bill of Rights ensure people's rights are protected if they are being arrested?

Only the state governments can issue warrants.
People must be told what they are being charged with.
People can be arrested without proof as long as the trial is quick.
Crimes committed on behalf of the government can't go to court.

Answers

People must be told what they are being charged with

Answer: The answer is b

Explanation:

BRAINLIST!!!

1. The Nazis tried to hide the crimes of the death camps from German citizens. What evidence of this do you see on the map?
2. As the Nazis lost ground to the Soviet Union, they closed many eastern camps and moved the prisoners west. What do you think the reason was?
3. Poland had the highest Jewish population in Europe before the Holocaust. Can you see evidence of this on the map? Explain.

Answers

Answer:

Explanation:

1.In the winter of 1945, the Nazis tried to destroy the evidence of the Holocaust.   (what map are u referring to)

2.elations between the Soviet Union and the United States were driven by a ... to the Soviet leaders for taking Russia out of World War I and was opposed to a state ... Conditions were so desperate that in early 1920 the Soviet government sent out ... The Cold War was a period of East-West competition, tension, and conflict ...

3.Encyclopedia of Jewish and Israeli history, politics and culture, with biographies, statistics, articles and documents on topics from anti-Semitism to Zionism. When the Nazis came to power in Germany in 1933, Jews were living in every country of Europe. A total of roughly nine million Jews lived in the countries that ...

1. The Nazis tried to destroy their death camps so that there would be no evidence of their atrocities. They wanted the citizens of Germany to be on their side the whole time

2. Nazi Germany launched a surprise attack against the Soviet Union, its ally in the war against Poland. By the end of the year, German troops had advanced almost 1,000 miles to the outskirts of Moscow. Soon after the invasion, mobile killing units began the mass murder of Soviet Jews.

3. Before the Nazis seized power in 1933, Europe had a richly diverse set of Jewish cultures. Many of these cultures were dynamic and highly developed. They drew from hundreds and, in some areas, a thousand or more years of Jewish life on the continent.

Richard decided to spend his vacation backpacking to see how far from sea levels he could make it. The term underline in the sentence above can BEST be described as

Answers

The correct answer to this open question is the following.

You forgot to underline the term. Which term do you refer to?

You also forgot to attach the options for this question.

However, trying to help, we did some research and can answer the following.

Richard decided to spend his vacation backpacking to see how far from sea levels he could make it. The term underlined in the sentence above can BEST be described as "a reference point for measuring elevation."

That is why Richard has decided to take his backpack and start walking and climb the mountain. The sea level is the point of reference to measure the elevation of a place, a town, city, or region. There are places at sea level such as the coasts of places located at high elevations such as Denver, Colorado.

If you want to practice resistance sports, the best way to do it is in high elevation places, such as Colorado. Indeed, in Colorado Springs there are the headquarters and training facilities of the US Olympic teams.

which is the world's longest river

Mississippi
Amazon
Nile

Answers

Explanation:

Nile is your answer I hope it will help you

NiLe rIvER Is ThE lOnGeSt rIvER In tHe wOrLD

3. What type of economic system does the United States have? Explain.

Answers

Answer:

In definition, the word would be capitalism.

Explanation:

The United States much like any other western democracy runs on capitalism, where one person tends to profit off another.

is Austria a LEDC or MEDC country?

Answers

Answer:

MEDC

Explanation:

Austria is a developed country

Answer:

Australia is a MEDC country hope that helps

Hello! would you mind helping me out?

Answers

Answer:soccer

Explanation:

all your bones and muscles ok

Great Britain expanded ________ the American colonies, leading many colonists to become dissatisfied and rebellious.

Answers

Answer:

Control

Explanation:

England took several measure s in increasing control over its colonies. The major Points to note why they want to control is because world power is one of their upmost desire to retain and not fall off. taxation of the people e.g.; Stamp Act, to generate enough revenue to pay the cost acquired because of the French and Indian War.

The tax generated will help In the aspect of the French and Indian War financing and others

Several colonists expressed their unhappiness due to England’s control over the colonies.

As England expanded control over the American colonies, many colonists became dissatisfied and rebellious.

Sources of colonial dissatisfaction

• Colonies had no representation in Parliament.

• Some colonists resented power of colonial governors.

• England wanted strict control over colonial legislatures.

• Colonies opposed taxes.

• The Proclamation of l763 hampered the western

What was the result of administrative weaknesses under the Articles of Confederation?

The national government could not maintain order.
The national government overruled many state laws.
The national government courts found people guilty without a trial.
The national government taxes were too high.

Answers

Answer:

The answer is: The national government could not maintain order.

Explanation:

Correct on edge :)

The national government courts found people guilty without a trial is the result of administrative weaknesses under the Articles of Confederation.

What is Articles of Confederation?

On November 15, 1777, the Continental Congress passed The Articles of Confederation. Following its declaration of independence from Great Britain, it created the duties of the US national government.

The inability of Congress to levy taxes, the requirement for a two-thirds majority to modify an article, and the lack of a national executive are only a few of the many flaws in the system.

As a result, option (c) is accurate.

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1. What Constitutional amendment gave woman the right to vote?

Answers

Answer:

What Constitutional amendment gave woman the right to vote?

19th

I WILL MARK BRAINLIEST

In a free-market economy, who makes most of the decisions regarding production and distribution of goods and services? (select all that apply)


Consumers

Government Officials

Investors

Producers

Savers

Answers

Answer:

Explanation:

governmet offifals, investors, (prducers[this might not be correct])

pls help

limestone can be described as ______ because rainwater passes easily through the joints.

ANSWER:

EXPLANATION:​

Answers

Answer:

permeable

Explanation:

A permeable substance is one in which water or other fluids can easily flow through or saturate. Other permeable substances include sponges and gravel roads.



To which family do the languages of South India belong ?​

Answers

Answer:

Hey! The Dravidian family

Explanation:

Languages of South India belong to the family of the Dravidian family.

Hope this helps! :)

Have a nice day!

Brainliest?

Is it necessary to make all the information public?What kinds of information are not made public or do not fall under the Right to Information?​

Answers

No, not all information . Certain documents and things where clearance is needed to view them do not fall under that!

Answer:

For general guidelines, information that contain sensitive information about people's private/personal life should never be made public unless the people choose to do so.. This could include things such as sexual preference, their phone number, their religion, etc

Explanation:

I

7. The economies of the colonial regions differed because they had different
O A. governments.
O B.languages.
O C.origins.
O D. resources.

Answers

probably C but i don’t really know 1128

How is peoples participation in elections usually measured

Answers

Answer:

People's participation in election is usually measured by voter turnout figures. Turnout indicates the per cent of eligible voters who actually cast their vote. Over the last fifty years in India the turnout has either remained stable or actually gone up.

The relationship between people and institution can be cordinal and sustianable if internal conflict is immediately solved. Justify the statement

Answers

Answer:

Dispute resolution at initial level injects a sense of security and belief in an individual and hence improves the relationship between the two

Explanation:

The internal conflicts between the people and institution if resolved at an earlier stage build confidence in people working in the institution. They also start respecting the institution and start believing that their voices are also heard irrespective of their post.

This also brings clarity in relation and expectations both at the institution and individual level. Once a strong bond develops through this exercise of dispute resolution at initial level, the relation between institution and people become co-ordial.

Economists focus on the marginal analysis of financial decisions and how we make them. In this context, what does the word marginal mean? A. costly B. additional C. important D. low-risk

Answers

Answer:

A. costly.

Explanation:

The word marginal means costly in the field of economics. In general, the meaning of marginal is small, tiny and low. Marginal refers to the focus on the cost on the product or profit that is earned from selling of that product. Companies use marginal analysis as a tool in order to help them maximizing their profits so here in the sentence marginal refers to the cost.

have a brainlyest peopleeeeee

Answers

Where’s the question ?

Answer:

Can I have this please ik its free

Explanation:

Why was William so desperate to go to school

Answers

Because he wants to learn?

Answer: unable to afford school fees, William is desperate to attend, so he sneaks in but is caught

Explanation:

How do we feed the colonists? What can be grown?

Answers

Answer:

wheat for bread

Explanation:

bread is simple to grow and can feed many

It is wheat and bread

Based on its form of government, in which country do citizens play the MOST direct role in selecting the head of government?
A.
China

B.
Japan

C.
North Korea

D.
South Korea

Answers

Answer: China is the most direct role in selecting the head of goverment

Why did the United States negotiate treaties with the Plains Indians?

Answers

Question: Why did the United States negotiate treaties with the Plains Indians?

Answer: In both the United States and Canada, negotiated treaties were the instrument for obtaining Indian lands and more generally for extending federal control over Native peoples, while at the same time recognizing the sovereignty they retained.

Explanation: I hope that this helps you! Hope you have a good day!

Which side (Union or Confederate) do you think has the most advantage at this point in the war? Explain your reasoning.

Answers

Answer: The union had many factories on their side of the war, they were more able to make weaponry and had much more supplies than the confederate, therefore the Union had the most advantage. Even though the confederate had the agricultural advantage their surroundings would be no help.

What is the most densely populated region of Europe?

Answers

Paris

Explanation - Paris is by far the most densely populated EU region on NUTS3 level, with 21 000 inhabitants per square km. It is followed by the London boroughs of Tower Hamlets (15 000) and Lambeth (12 000). Of the 15 most densely populated regions in the EU, 10 are in the United Kingdom.

Which amendment states that you must be charged with a crime before a jury trial?

PLEASE HELP I'LL GIVE YOU BRAINLISIT IF YOU ANSWER FIRST​

Answers

Answer:

"The Sixth Amendment grants criminal defendants the right to a speedy and public trial by an impartial jury consisting of jurors from the state and district in which the crime was alleged to have been committed."

Explanation:

Brainliest?

Answer: 6th amendment

Explanation:

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