Question: Given the following actual and forecast data: table [ [ Month , January,February,March,April,May,June ] , [ Actual , 1 2 5 0 , 1

Given the following actual and forecast data:
\table[[Month,January,February,March,April,May,June],[Actual,1250,1200,1280,1300,1350,1300],[Forecast,1050,1133.33,1183.33,1243.33,1260,1310]]
What is the absolute error for June?
90
10
-90
-10
 Given the following actual and forecast data: \table[[Month,January,February,March,April,May,June],[Actual,1250,1200,1280,1300,1350,1300],[Forecast,1050,1133.33,1183.33,1243.33,1260,1310]] What is the

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!