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A Concert Promoter Is Forecasting This Year's Attendance for One

Question 68

Multiple Choice

A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data:
A concert promoter is forecasting this year's attendance for one of his concerts based on the following historical data: The previous trend line had predicted 18,500 for two years ago, and 19,700 for last year. What was the mean absolute deviation for these forecasts? A) 100 B) 200 C) 400 D) 500 E) 800
The previous trend line had predicted 18,500 for two years ago, and 19,700 for last year. What was the mean absolute deviation for these forecasts?


A) 100
B) 200
C) 400
D) 500
E) 800

Correct Answer:

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