Suppose That the Last Four Months of Sales Were 8

question 65

Multiple Choice

Suppose that the last four months of sales were 8, 10, 15, and 9 units, respectively. Suppose further that the last four forecasts were 5, 6, 11, and 12 units, respectively. What is the Mean Absolute Deviation (MAD) of these forecasts?

• A) 2
• B) -10
• C) 3.5
• D) 9
• E) 10.5

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Definitions:

Task-Oriented

A focus on performing tasks and achieving specific outcomes, often emphasizing productivity and efficiency.

Self-Management

Involves controlling one’s behavior, emotions, and thoughts in the pursuit of long-term goals.

Maintenance-Related

Pertaining to tasks, activities, or actions aimed at keeping things in a state of functioning or efficiency.

Maintenance-Related

Pertaining to activities, tasks, or strategies focused on preserving or restoring the condition of something.