30 likes | 47 Views
FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br><br>1) Given the following period data which of the following would be the correct Mean Absolute Deviation (MAD)?<br>Period 1 the demand is 141, the forecast is 138, the absolute value of the error term is 3, the absolute value of the error term squared is 9 and the absolute percentage error is 0.0213;<br>Period 2 the demand is 138, the forecast is 139, the absolute value of the error term is 1, the absolute value of the error term squared is 1 and the absolute percentage error is 1/138=0.0072;<br>
E N D
Given The Following Period Data Which Of tutorialoutlet.com Given the following period data which of the following would be the correct Mean Absolute Deviation (MAD)? FOR MORE CLASSES VISIT www.tutorialoutlet.com 1) Given the following period data which of the following would be the correct Mean Absolute Deviation (MAD)? Period 1 the demand is 141, the forecast is 138, the absolute value of the error term is 3, the absolute value of the error term squared is 9 and the absolute percentage error is 0.0213; Period 2 the demand is 138, the forecast is 139, the absolute value of the error term is 1, the absolute value of the error term squared is 1 and the absolute percentage error is 1/138=0.0072;