Vidyalelo
Data Science · Q39

Time Series Analysis

Computer Related · Data Science · question 39

Q39

In the context of time series analysis, what is the purpose of "forecast error metrics" such as Mean Absolute Error (MAE) or Mean Squared Error (MSE)?

A.
To identify seasonality in the data
B.
To evaluate the accuracy of forecasts
Answer
C.
To remove outliers from the data
D.
To determine the order of differencing

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board