All of the Following Are Used to Measure Forecast Errors

question 167

Multiple Choice

All of the following are used to measure forecast errors EXCEPT?

• A)Mean absolute difference (MAD)
• B)Mean weighted moving average (MWMA)
• C)Mean absolute percentage error (MAPE)
• D)Mean squared error (MSE)

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Definitions:

Labor Market

The supply and demand for workers, in which employers seek to hire and workers look for employment.

Organizational Behavior Model

A framework for understanding and analyzing the actions and interactions of individuals within a company, which can impact the organization's functioning.

Study Of Cultures

The academic and scientific examination of cultures, exploring their behaviors, traditions, values, and social norms, typically within the field of anthropology or cultural studies.

OB

Also known as Organizational Behavior, it is the study of how people interact within groups in a work environment.