If You Were Selecting from a Variety of Forecasting Models

question 73

Multiple Choice

If you were selecting from a variety of forecasting models based on MAD, which of the following MAD values from the same data would reflect the most accurate model?

• A) 0.2
• B) 0.8
• C) 1.0
• D) 10.0
• E) 100.0

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Definitions:

Land and Building

Real estate assets including both the physical ground (land) and any structures (buildings) that are permanently attached to it.

Sales

The activities involved in selling goods or services in return for money or other compensation.

Net Income

The amount of money that remains after all operating expenses, taxes, and interest have been deducted from total revenue.

Net Margin

A profitability metric that calculates the percentage of revenue remaining after all operating expenses, interest, taxes, and preferred stock dividends have been deducted.