Question: 8.1 1 Point What is the mean absolute deviation (MAD) of the forecasts done for years 2012 to ( 2016 ? )

8.1 1 Point What is the mean absolute deviation (MAD) of the forecasts done for years 2012 to \( 2016 ? \)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Kessler Brothers produces products for farms and ranches. The administrative and manufacturing operations occupy the same 240,000-square-foot building. The manufacturing plant uses 180,000 square...

Q:

Year Actual Sales Forecast 2012 15,000 10,000 18,000 2013 2014 20,000 35,000 45,000 24,000 2015 32,000 40,000 2016 44,000 Q8.1 1 Point What is the mean absolute deviation (MAD) of the forecasts done...

Q:

\ table [ [ Year , Actual Sales,Forecast ] , [ 2 0 1 2 , 1 5 , 0 0 0 , 1 0 , 0 0 0 ] , [ 2 0 1 3 , 2 0 , 0 0 0 , 1 8 , 0 0 0 ] , [ 2 0 1 4 , 3 5 , 0 0 0 , 2 4 , 0 0 0 ] , [ 2 0 1 5 , 4 5 , 0 0 0 , 3...

Q:

Use the following information to answer the next two questions: Capture 2 . JPG Question 8 . 1 Q 8 . 1 1 Point Grading comment: What is the mean absolute deviation ( MAD ) of the forecasts done for...

Q:

Use the following information to answer the next two questions: Question 9 . 1 Q 9 . 1 1 Point Grading comment: What is the mean absolute deviation ( MAD ) of the forecasts done for years 2 0 1 2 to...

Q:

Use the following information to answer the next two questions: Question 9 . 1 Q 9 . 1 1 Point Grading comment: What is the mean absolute deviation ( MAD ) of the forecasts done for years 2 0 1 2 to...

Q:

Moving Average and Exponential Smoothing, please answer all, thanks! 1 1 point Weekly sales of a hammer at a home improvement store have been 9, 25, 22, 35, 12. & 15 over the past 6 weeks. The...

Q:

A local company sells green hats for St Patrick's Day to bars and restaurants in South-Western Ontario. The operations manager of the company recognizes that green hat business is competitive and...

Q:

SECTION A [40 MARKS] Read the article provided below and answer question 1 and 2 High-flying Amplats Sets Next Wave of Strategy in Motion 18TH FEBRUARY 2019 MARTIN CREAMER JOHANNESBURG...

Q:

Read the article provided below and answer question 1 and 2 High-flying Amplats Sets Next Wave of Strategy in Motion 18TH FEBRUARY 2019 MARTIN CREAMER JOHANNESBURG (miningweekly.com) Anglo American...

Q:

please show references for formulas please i am stuck on figuring this problem out Problem 1 (Comparison of 4 Methods) (10 points) Your forecasting team is trying to determine what forecasting method...

Q:

Polly Products is a recycled plastics manufacturer located in Mulliken, Michigan. It makes plastic lumber called Polly Planks from 100% recycled plastics. It also builds park benches, picnic tables,...

Q:

What is the magnitude of the force F on the 1.0 nC charge in the figure? The answer is 3.1 x 10^-4 Please give explanation to getting the answer. 1.0 cm + 2.0 nC 1.0 nC + 60 60% 1.0 cm 1.0 cm + 2.0 nC

Q:

The adverse financial effects of a property loss might include all of the following, EXCEPT: A Increased expenses B Depreciation allowance C D Reduction in the value of property Lost income

Q:

The following information is for Sandhill Limited for 2020: Net income for the year $2,290,000 8% convertible bonds issued at par ($1,000 per bond), with each bond convertible into 35 common shares...

Q:

Help them determine the financial statement implications of the investment. Tax rate 21% Estimated tax payment 21,000 Investment cost and ending fair values for 20X1 and 20X2: 20X1 20X2 Cost 100,000...

Q:

Determine the vertical deflection at point A using Castigliano's theorem. Problem 4-52 All dimensions in mm. 6 dia. 12 thick 300 -DO 220 200- 4000 N

Q:

The Ministry publishes the national energy balance annually showing the primary energy supply and the final energy consumption. Your supervisor complains that it is usually difficult to explain the...

Q:

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Q:

Required: mki85 a Draw a representation of the PERT ntwork, identifying the expected completion with each path. b Identify the critical path and the time necessary to complete it. c Identify the...

Q:

Edward Jones is responsible for finding a suitable building and establishing a new convenience grocery store for Thrift-Mart, Inc. Jones enumerated the specific activities which had to be completed...

Q:

Suppose that management is faced with a decision that will impact on the cost of producing a product. Suppose further that the impact of the decision on costs will be determined by the actual outcome...