Company Has Calculated Its Running Sum of Forecast Errors to Be

question 42

Multiple Choice

company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly 35.Which of the following is the company's tracking signal?

• A)Cannot be calculated based on this information
• B)About 14.3
• C)More than 35
• D)Exactly 35
• E)About 0.07

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Definitions:

Multiplication

A numerical procedure where two values are combined through multiplication to yield their combined product.

Division

An arithmetic operation where a number is divided by another, resulting in a quotient and possibly a remainder.

Exponentiation

An operation in mathematics that uses two values, the base and the exponent, with the base being repeatedly multiplied by itself a number of times equal to the exponent.

Exponentiation

A mathematical operation, written as a^b, involving two numbers, the base (a) and the exponent (b), where the base is multiplied by itself the exponent number of times.