Question: Question 29 (1 point) The Absolute error for period 3 when Naive forecast method is used:(Please round to 2 decimal places for your answer AND

Question 29 (1 point) The Absolute error for period 3 when Naive forecast method is used:(Please round to 2 decimal places for your answer AND leave it in decimal format. ) Absolute Absolute Percent Squared Error Error Error Nalve XPeriodY/Sales) Forecast Error 5.1 2 10.5 3 3.8 4 10 5 15 6 12 z Your Answer: Answer Question 30 (1 point) Saved The Expected Value under perfect information, means 1) You know the probability of success 2) Determine whether to use Expected value or Expected Return MacBook Air 5 8 9 E R T F G K 5 6 7 15 12 Your Answer: Answer Question 30 (1 point) Saved The Expected Value under perfect information, means 1) You know the probability of success 2) Determine whether to use Expected value or Expected Return 3) Based on one set of probabilities, calculate another set of probabilities 4) You know what state of nature you will be in and then can pick the best choice

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