Solved

A Time Series with Forecast Values and Error Terms Is

Question 36

Multiple Choice

A time series with forecast values and error terms is presented in the following table.The mean error (ME) for this forecast is ___. A time series with forecast values and error terms is presented in the following table.The mean error (ME) for this forecast is ___. A) -0.80 B) -1.00 C) -4.00 D) 8.00 E) 1.00


A) -0.80
B) -1.00
C) -4.00
D) 8.00
E) 1.00

Correct Answer:

verifed

Verified

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

Related Questions

Q31: The following graph of a time-series data

Q33: Differentiate among simple index numbers,unweighted aggregate price

Q34: Jim Royo,manager of Billings Building Supply

Q35: Using a three-month moving average (with weights

Q37: Fitting a linear trend to 36 monthly

Q38: Differentiate among various measurements of forecasting error,including

Q41: Using 2008 as the base year,the 2007

Q68: When constructing a weighted aggregate price index,

Q71: Use of a smoothing constant value greater

Q76: Forecast error is the difference between the