What Is the Mean Absolute Deviation of the Following Forecasts

question 78

Multiple Choice

What is the mean absolute deviation of the following forecasts?

• A)-1
• B)5
• C)20
• D)1
• E)42

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Definitions:

Freshman

A student in their first year of study at a high school or university.

Sophomore

The term used to describe a second-year student in high school or college.

Junior

A term typically used to describe a third-year student in a four-year educational institution or someone with intermediate level experience in a job role.

Senior

Refers to an individual of advanced age or to a person holding a high and often authoritative position, especially in a business or academic setting.