If Forecast Errors Are Normally Distributed Then

question 45

Multiple Choice

If forecast errors are normally distributed then

• A)1 MAD = 1σ
• B)1 MAD ≈ 0.8 σ
• C)0.8 MAD ≈ 1σ
• D)1 MAD ≈ 1.96 σ

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Definitions:

Indirect Strategy

A communication approach where key messages are delivered in a roundabout or less direct manner.

Manipulative

Actions or strategies designed to influence or control others' behaviors or perceptions in a subtle or deceptive way.

Communicating Negative News

The process of delivering unfavorable or disappointing information in a sensitive and effective manner.

Maintaining Friendly Relations

The practice of fostering positive and harmonious interactions between individuals or groups.