If You Were Selecting a Forecasting Model Based on MAD,which

question 90

Multiple Choice

If you were selecting a forecasting model based on MAD,which of the following MAD values reflects the most accurate model?

• A)0.2
• B)0.8
• C)1.0
• D)10.0
• E)100.0

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Definitions:

Capital Balances

The amount of equity individual partners or shareholders have in a business.

Capital Account

An account on a company's balance sheet that represents the equity or ownership interests of shareholders, including paid-in capital and retained earnings.

Partnership Interest

Partnership interest is an ownership share in a partnership that entitles the holder to a portion of the entity's profits and losses.

Capital Balance

The amount of money invested in a company by its owners or shareholders, not including any profits or earnings.