Question: What is the Mean Absolute Deviation (MAD), if forecast errors are 8,3,5, and 6 ? A) 2 B) 5.5 C) 6 D) 17 E) 7.5
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
