Question: answer QUESTION Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation? I DON'TKNOW YET

answer

answer QUESTION Given forecast errors of -1, 4,
QUESTION Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation? I DON'TKNOW YET

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 Business Writing Questions!

Q:

The three major types of forecasts used by organizations in planning future operations are: A) strategic, tactical, and operational. B) economic, technological, and demand. C) exponential smoothing,...

Q:

1.The forecasting method that is appropriate when the time series has no significant trend, cyclical, or seasonal effect is A. mean squared error B. qualitative forecasting methods C. mean average...

Q:

2. Given an actual demand of 103, a previous forecast value of 99, and an alpha of .4, the exponential smoothing forecast for the next period would be A. 103.0 B. 100.6 C. 101.6 D. 97.4 E. 94.6 3....

Q:

Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation? ANSWER Unselected 4 Unselected 8 Unselected 16 Unselected I DON'T KNOW YET

Q:

12. John's House of Pancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight of 5 to the previous month's demand, 3 to demand two months ago, and I to demand...

Q:

Moving to another question will save this response. Question 8 Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation

Q:

Thank you for your help on this. 2 was clicked on in error. Please help find the answer. Thanks, Q9. Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation (MAD). [Use...

Q:

9. Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation? A. 8 B. 4 C. 16 D. 3 E. 2 10.Which of the following is not a type of qualitative forecasting? A. executive opinions...

Q:

Q17: Given forecast errors of -1, 4, 8, and -3, what is the mean absolute deviation? a. 2 b. 16 c. 8 d. 32 e. 4

Q:

Question 13 (1 point) Adding an additional part to a component or product ordinarily reduces reliability by introducing an additional source of failure. True False Question 14 (1 point) Given...

Q:

Harold Rawlings has computed the returns he earned last year from each of the stocks he holds in his portfolio. The individual returns and the amounts he had invested in each stock at the beginning...

Q:

Indirect utility function: a. What is the Walrasian demand for good 1? b. What is the expenditure function? c. What is the Hicksian demand of consumer for good 1 at (p1, p2, u) =(8,20,40)? 4p1P2

Q:

Medial deviation of one or both eyes is known asOglaucomaO esotropiaO astigmatismretinoblastoma

Q:

What kinds of diversity of peoples and cultures that came together in colonial America and the "hybridities" produced? What are one of the three major colonizing powers used to this fuse of peoples...