Question: The mean absolute deviation ( MAD) of the data listed below is: Actual value (A) Forecasted value (F) 4 2 4 7 6 3 5

The mean absolute deviation ( MAD) of the data listed below is:

Actual value (A) Forecasted value (F)

4 2

4 7

6 3

5 3

1 1

Select one:

a. 4

b. 2

c. 0.8

d. -4

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!