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    Statistics
  3. Study Set
    Statistics for Management and Economics
  4. Exam
    Exam 20: Time-Series Analytics and Forecasting
  5. Question
    The Actual and Forecast Values of a Time Series Are
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The Actual and Forecast Values of a Time Series Are

Question 32

Question 32

Essay

The actual and forecast values of a time series are shown below. The actual and forecast values of a time series are shown below.    a.Calculate the mean absolute deviation (MAD). b.Calculate the sum of squares for forecast error (SSE)
a.Calculate the mean absolute deviation (MAD).
b.Calculate the sum of squares for forecast error (SSE)

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