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:

Mediation Services

Professional services offered to resolve disputes between parties through the intervention of a neutral third-party mediator.

Campus Overcrowded

A situation where the number of students or individuals on a university or college campus exceeds the available space and resources.

Legal Aid

Assistance provided to people unable to afford legal representation and access to the court system.

Savings Account

A bank account that earns interest, offering a secure place for an individual to store their money.