Consider the Following to Answer the Question(s) Below

question 8

Multiple Choice

Consider the following to answer the question(s) below:
The following table shows actual sales values and forecasts.

-The MSE for the forecasting method used is

• A) 7.111
• B) 9.187
• C) 82.656
• D) 113.899
• E) Indeterminate

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Definitions:

Price of Goods

the monetary value assigned to physical products that are available for sale in the market.

Tender of Delivery

The act of presenting goods for acceptance to the buyer and notifying them that the goods are available as per the contract.

Conform to the Contract

The requirement that parties involved in a contractual agreement adhere to the terms set forth within the contract.

Lots

Parcels or portions of land, often used in the context of real estate transactions.