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The Previous Trend Line Has Predicted 18,500 for Two Years

question 75

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The previous trend line has predicted 18,500 for two years ago,and 19,700 for last year What was the mean absolute deviation for these forecasts?


Definitions:

Cover

In contracts, especially concerning the sale of goods, the act of obtaining replacement goods or services when a seller fails to fulfill their obligations.

Security Interest

A legal claim or right granted over an asset to secure the payment of a debt or performance of some other obligation.

Contract Breach

An act of breaking the terms set out in a contract, which can result in legal action for enforcement or damages.

Capacity

Refers to the legal ability of a party to enter into a contract.

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