A Time Series with Forecast Values and Error Terms Is

question 48

Multiple Choice

A time series with forecast values and error terms is presented in the following table.The mean absolute deviation (MAD) for this forecast is ___.

• A)3.10
• B)12.40
• C)2.48
• D)6.67
• E)5.10

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Definitions:

Editorial

An article in a publication expressing the opinion of its editors or publishers.

General Damages

Compensation awarded in a lawsuit for losses that do not have a specific economic value, such as pain and suffering or defamation.

Loss of Income

An inability to earn income due to an unforeseen event, such as an injury, illness, or job loss.

Libel Per Se

Defamatory statements that are blatantly damaging to an individual's reputation without the need for further explanation or proof of harm.