If the Errors Produced by a Forecasting Method for 3

question 76

Multiple Choice

If the errors produced by a forecasting method for 3 observations are +3, +3, and −3, then what is the mean absolute deviation?

• A) 9
• B) 0
• C) 3
• D) −3

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Definitions:

Debt Collector

A person or company tasked with collecting money owed on past due accounts from debtors.

Original Terms

The initial conditions and stipulations as set forth in an agreement or contract, before any amendments or modifications.

Creditor Beneficiary

A third party that benefits from a contract, particularly in contexts where the promisee's intention is to pay a debt to the beneficiary.

Promisor Directly

Pertains to the person who has made a promise or commitment being the one to fulfill that obligation without intermediaries.