Which of the Following Is NOT a Measure of Forecast

question 21

Multiple Choice

Which of the following is NOT a measure of forecast error?

• A)Mean square error
• B)Cumulative sum of forecast error
• C)Mean absolute deviation of forecast error
• D)Cumulative absolute deviation of forecast error
• E)Mean absolute percentage error

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Definitions:

Course of Performance

The conduct between parties to a contract that indicates what they consider acceptable performance under the contract's terms.

Course of Dealing

A history of past interactions between contractual parties that forms a mutual foundation for their agreement.

Breach of Warranty

A violation of a guarantee or promise made about the quality or durability of a product or service.

Expert

An individual with specialized knowledge, skills, or expertise in a particular area who is regarded as a reliable source of information or advice.