Question: Question 3 1 If the forecast errors for four consecutive periods are 8 , 4 , 9 , and 7 , then the mean absolute

Question 31
If the forecast errors for four consecutive periods are 8,4,9, and 7, then the mean absolute deviation over those four periods is:
A.
0
B.
5.5
C.
1.5
D.
4
E.
7

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