Question: loes the mean absolute deviation ( MAD ) formula use the absolute value of the forecast prder to make it a relative measure ( in
loes the mean absolute deviation MAD formula use the absolute value of the forecast
prder to make it a relative measure in percent
rder to make it comparable with the
he of the above
rder to remove the sign of the forecast error
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
