To Assess the Adequacy of a Forecasting Model,one Measure That

question 129

Multiple Choice

To assess the adequacy of a forecasting model,one measure that is often used is

• A)quadratic trend analysis.
• B)the MAD.
• C)exponential smoothing.
• D)moving averages.

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Definitions:

Organizational Behaviour

The study of how people interact within groups, particularly in a work setting, aiming to understand and improve job performance and satisfaction.

Values

Core beliefs or standards that guide and motivate attitudes and actions, reflecting what is important to an individual or organization.

Equity

The concept of fairness or justice in the manner of treatment or distribution of resources among individuals or groups.

Attitude

An attitude is a psychological construct representing an individual's degree of like or dislike for an item, person, thing, or event.