Question: A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (round your response to one decimal place).

A forecasting method has produced the following

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (round your response to one decimal place). Actual 10 Error! 1 Forecast 11 10 8 6 Error -1 -2 2 8 2 10 2 0 6 9 0 1 8 1 Your

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!

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (Round answer one decimal place.) Actual Forecast Error 10 11 1 8 10 2 5 6 1 6 6 0 9 4 5

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (Round answer one decimal place.) A. 1.2 B. 1.6 C. 4.4 D. 4.0

32 1 Point A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (Round answer one decimal place.) \table[[Actual,Forecast,Error],[10

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (Round answer one decimal place.) A. 3.0 B. 6.0 C. 1.2 D. 2.0 E. 1.2

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (Round answer one decimal place.) A. 10.0 B. 6.0 C. 2.0 D. 5.0 E. 0.8

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (Round answer one decimal place.) A. 4.2 B. 3.5 C. 0.2 D. 1.4 E. 7.0

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (round your response to one decimal place). Actual 10 8 10 6 9 Forecast 11 10 8 6 8...

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (round your response to one decimal place). Actual Forecast Error 10 11 -1 8 10 -2 10 8...

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? (round your response to one decimal place). 11 Actual Forecast 10 8 10 10 8 6 6 9 8...

Can you explain how to get those numbers on the chart? The second question. Plwase write the formulas and Do not use excel. Amor E Aforing the harded the following over the past five months. What is...

Ethylene glycol and water, at 60 and 10C, respectively, enter a shell-and-tube heat exchanger for which the total heat transfer area is 15 m 2 . With ethylene glycol and water flow rates of 2 and 5...

Problem #1. While window shopping at you local mall you see the following advertisement. "Really nice noise cancelling on-ear headphones are now on sale! 18% off! Only $149.99!" (a) What is the...

Which of the following is not a broad category of safeguards that mitigate or eliminate threats to independence? Mulbiple Choice Safeguands created by the protession, legisistion, or regulation...

What is an example of constructive feedback? provide reference