Multiple Choice
The mean absolute deviation is used to:
A) estimate the trend line.
B) eliminate forecast errors.
C) measure forecast accuracy.
D) seasonally adjust the forecast.
E) compute periodic forecast errors.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q129: Moving average forecasting techniques do the following:<br>A)Immediately
Q130: A forecast based on the previous forecast
Q131: A control chart involves setting action limits
Q132: The primary difference between seasonality and cycles
Q133: A concert promoter is forecasting this year's
Q135: Given an actual demand of 59, a
Q136: Exponential smoothing adds a percentage (called alpha)of
Q137: Detecting nonrandomness in errors can be done
Q138: The owner of Darkest Tans Unlimited in
Q139: Which of the following is not a