The Past Monthly Demands Are Shown Below

question 117

Multiple Choice

The past monthly demands are shown below.The naïve method,that is,the one-period moving average method,is applied to make forecasts. What is the mean square error of the forecasts?

• A) −1.67
• B) 275.00
• C) 91.67
• D) 8.33

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Definitions:

Antagonism

Antagonism refers to active hostility or opposition between individuals or groups, often manifesting in conflicts or competitive situations.

Cooperative

Working together towards a common goal or benefit.

Reciprocal Determinism

A concept in psychology that suggests a person's behavior both influences and is influenced by personal factors and the social environment.

Classical Conditioning

A learning process in which a natural response becomes triggered by a previously neutral stimulus by repeatedly associating it with a stimulus that automatically triggers that response.