Question: A forecasting method has produced the following over the past five months. What is the mean absolute deviation? Actual. Forecast 10. 5 10. 8 8.

A forecasting method has produced the following over the past five months. What is the mean absolute deviation?

Actual. Forecast

10. 5

10. 8

8. 9

6. 9

9. 8

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!