A Forecasting Method Has Produced the Following Over the Past

question 35

Multiple Choice

A forecasting method has produced the following over the past five months. What is the mean absolute deviation?

• A) -0.2
• B) 12.0
• C) 6.0
• D) 1.2
• E) 2.4

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Definitions:

Stock Classes

Different types of shares that a company can issue, each of which might have specific rights, privileges, or voting powers.

Capital Gains

The financial gain achieved when the selling price of an asset or investment surpasses its original buying price.

Appreciate

To increase in value or price over time.

Yield

Yield is the income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost or current market value.