Given Forecast Errors of 4, 8, and −3, What Is

question 54

Multiple Choice

Given forecast errors of 4, 8, and −3, what is the mean absolute deviation?

• A)4
• B)3
• C)5
• D)6
• E)12

---

Definitions:

Target Firm

A company that is the subject of a takeover attempt or acquisition interest by another company.

Management Team

The group of individuals who oversee the operations of a business and make high-level strategic decisions.

Tender Offer

A proposal made publicly by an individual or company to purchase shares from shareholders of a public corporation at a specified price within a certain time frame.

Net Gain

The positive difference between the sale price of an asset after deducting all costs associated with the sale and the original purchase price, reflecting a financial benefit.