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    Business Statistics in Practice Study Set 2
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    Exam 16: Time Series Forecasting
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    Use This Equation to Forecast the Demand for This Product
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Use This Equation to Forecast the Demand for This Product

Question 11

Question 11

Multiple Choice

  Use this equation to forecast the demand for this product and calculate the MAD. A) MAD = 1.333 B) MAD = 1.6 C) MAD = 2.0 D) MAD = 2.333 E) MAD = 2.5 Use this equation to forecast the demand for this product and calculate the MAD.


A) MAD = 1.333
B) MAD = 1.6
C) MAD = 2.0
D) MAD = 2.333
E) MAD = 2.5

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