Question: QUESTION 4 A forecasting method has produced the following over the past five months. What is the mean absolute deviation? table [ [ Actual

QUESTION 4
A forecasting method has produced the following over the past five months. What is the mean absolute deviation?
\table[[Actual,Forecast],[10,11],[8,10],[10,8],[6,6],[9,8]]
2.0
1.4
1.0
1.2
1.6
QUESTION 4 A forecasting method has produced 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!