Given Forecast Errors of 5, 0, −4, and 3, What

question 12

Multiple Choice

Given forecast errors of 5, 0, −4, and 3, what is the mean square error?

• A) 3
• B) 4
• C) 12
• D) 12.5
• E) 50

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Definitions:

Verbal Tasks

Activities or assignments that require the use or understanding of words and language, often employed in cognitive and psychological testing.

Reliable

refers to the consistency and dependability of a measure or test over time, yielding similar results in repeated applications under the same conditions.

Separate Knowing

An approach to understanding or knowing that emphasizes critical examination and analysis of arguments.

Objectivity

The quality of being unbiased, fair, and not influenced by personal feelings or opinions in considering and representing facts.