A Time Series with Forecast Values and Error Terms Is

question 76

Multiple Choice

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

• A)1.67
• B)1.34
• C)6.68
• D)3.67
• E)2.87

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Definitions:

Income Levels

Categories of annual personal or household earnings, often segmented into brackets such as low, middle, and high income.

Same-sex Civil Unions

Legal relationships offered by some jurisdictions to same-sex couples, providing rights and responsibilities similar to those of marriage, but without the designation of marriage.

Slight Majority

A small more than half portion of a group or quantity, indicating a narrow margin over the minority.

Americans

are citizens of the United States of America or individuals closely associated with the country.