menu-iconExamlexExamLexServices

Discover

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

Given Forecast Errors of -1, 4, 4, and -3, What

Question 119

Question 119

Multiple Choice

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


A) 1
B) 3
C) 4
D) 8
E) 12

Correct Answer:

verifed

Verified

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

Related Questions

Q114: The major components of a time series

Q115: Which time-series model below assumes that demand

Q116: The jury of executive opinion forecasting method

Q117: Given an actual demand this period of

Q118: The smaller the absolute tracking signal, the

Q120: Distinguish between a weighted moving average model

Q121: Simple _ forecasts only work well if

Q122: Which of the following uses three types

Q123: One advantage of exponential smoothing is the

Q124: Mean squared error and exponential smoothing are

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