What Is the Mean Absolute Deviation of the Following Forecasts

question 15

Multiple Choice

What is the mean absolute deviation of the following forecasts? Month Actual Sales Forecast
January68 60
February 48 50
March 50 60
April 30 30

• A)  1
• B) 5
• C)20
• D) 1
• E)42

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Definitions:

Social Anxiety

A chronic mental health condition characterized by overwhelming anxiety and excessive self-consciousness in everyday social situations.

Trait Approach

A theory in psychology that posits personality is comprised of broad, enduring patterns of behavior, thought, and emotion.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and feelings.

Behavioral/social Learning

A theory suggesting that behavior is learned through the observation of others and the outcomes of their actions.