When Forecast Errors Occur in a Normally Distributed Pattern, the Ratio

question 11

True/False

When forecast errors occur in a normally distributed pattern, the ratio of the mean absolute deviation to the standard deviation is 2 to 1, or 2 x MAD = 1 standard deviation.

---

Definitions:

Mid-Level Area

A segment or section that is considered neither high nor low within a structured hierarchy or spatial configuration.

Blind Area

refers to information about oneself that others are aware of but the individual is not.

Behavior Modification

A technique for altering human behavior through systematic reinforcement or punishment.

Social Learning Theory

A theory that posits people can learn new behaviors and attitudes through observation, imitation, and modeling from others within a social context.