menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Operations Management Sustainability Study Set 1
  4. Exam
    Exam 4: Forecasting
  5. Question
    Given Forecast Errors of -1,4,8,and -3,what Is the Mean Absolute
Solved

Given Forecast Errors of -1,4,8,and -3,what Is the Mean Absolute

Question 7

Question 7

Multiple Choice

Given forecast errors of -1,4,8,and -3,what is the mean absolute deviation?


A) 2
B) 3
C) 4
D) 8
E) 16

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Time-series data may exhibit which of the

Q8: Weekly sales of copy paper at Cubicle

Q29: What is a time-series forecasting model?

Q47: What forecasting systems combine the intelligence of

Q55: A skeptical manager asks what short-range forecasts

Q86: For a given product demand, the time-series

Q96: What is a tracking signal? Explain the

Q110: _ forecasts address the business cycle by

Q123: One advantage of exponential smoothing is the

Q139: List and briefly describe the three major

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines