Given Forecast Errors of −5, -10, and 15, What Is

question 43

Multiple Choice

Given forecast errors of −5, -10, and 15, what is the mean absolute deviation?

• A) 0
• B) 5
• C) 10
• D) 30
• E) None of the answer choices is correct.

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Definitions:

U.S. Supreme Court

The highest court in the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.

Takings Clause

A provision in the Fifth Amendment of the U.S. Constitution that prevents the government from taking private property for public use without just compensation.

Just Compensation

The fair market value pay required by the government to be given to a property owner when the government takes private property for public use under the power of eminent domain.

Fifth Amendment

An amendment to the U.S. Constitution that provides several rights to individuals, including protection against self-incrimination and the guarantee of due process.