Quarterly Returns Were Forecasted for a Mutual Fund Made Up

question 10

Multiple Choice

Quarterly returns were forecasted for a mutual fund made up of technology stocks. The forecast errors for the last six quarters are as follows: -0.47, 1.12, -0.85, 1.27, 0.07, and -0.05. The MAD based on these forecast errors is

• A) 0.77.
• B) 0.98.
• C) 0.22.
• D) 0.18.
• E) 0.64.

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Definitions:

Pie Graphs

Pie graphs, also known as pie charts, are circular statistical graphics divided into slices to illustrate numerical proportion.

Grouped Bar Graphs

A graphical representation used in statistics, where multiple bar graphs are placed side by side for comparison across different categories or groups.

Compare Aspects

To examine the similarities or differences between two or more elements or facets.

Identify Exact Values

The process of determining precise numerical amounts or specific facts.