Some Measures of Forecasting Accuracy Include Mean Absolute Deviation,mean Absolute

question 19

Multiple Choice

Some measures of forecasting accuracy include mean absolute deviation,mean absolute percentage error,and mean squared error.The formula for each is dependent on the forecast error,which is calculated by using the equation:

• A)Actual demand for period t divided by the forecasted demand for period t
• B)Actual demand for period t plus the forecasted demand for period t
• C)Actual demand for period t minus the forecasted demand for period t
• D)The average of Actual demand for period t and forecasted demand for period t

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Definitions:

Sexually Healthy

A state of well-being in which an individual is physically, emotionally, mentally, and socially content with their sexual life, following safe and consensual practices.

Prenatal Care

The healthcare provided for women during pregnancy to monitor fetal development and the health of the mother.

Moral Standards

Principles based on right and wrong behavior that guide ethical decision-making and conduct.

Authority

The power or right to give orders, make decisions, and enforce obedience, often found within organizational or governmental structures.