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A Time Series Analysis Was Performed to Determine the Number

Question 64

Multiple Choice

A time series analysis was performed to determine the number of new online customers that joined the 'Jelly of the Month Club'. The actual number of new customers,the forecast values and error terms is presented in the following table. The mean error (ME) for this forecast is ___________. A time series analysis was performed to determine the number of new online customers that joined the 'Jelly of the Month Club'. The actual number of new customers,the forecast values and error terms is presented in the following table. The mean error (ME) for this forecast is ___________. A) -0.50 B) 0.50 C) 1.50 D) 7.00 E) 3.00


A) -0.50
B) 0.50
C) 1.50
D) 7.00
E) 3.00

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