A Time Series with Forecast Values Is Presented in the Following

question 91

Multiple Choice

A time series with forecast values is presented in the following table: On this table,a is some nondisclosed value.The mean square error (MSE) is ______% of a.

• A) 4.15
• B) 0.415
• C) 4.15a
• D) 0.415a
• E) 0.00332

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Definitions:

Cost Stability

The state of maintaining consistent and predictable expenses in business operations or economic activities.

Suppliers

Entities that provide products or services to other entities, usually within the context of a business or economic system.

Task Delegation

The assignment of responsibilities and authority from a manager or supervisor to an employee or team member to carry out specific activities.

Future Environments

Potential conditions and scenarios that individuals, organizations, or societies may face in the future.