The department manager using a combination of methods has forecast sales of toasters at a local department store.Calculate the MAD for the manager's forecast.Compare the manager's forecast against a naive forecast covering the same time period.Which is better?
Definitions:
Neophobia
The fear of anything new or unfamiliar.
Basal Metabolic Rate
How quickly the body burns energy to support fundamental processes like breathing and temperature maintenance while in a state of rest.
Energy Expenditure
The amount of energy a person uses to conduct daily activities and bodily functions.
Unfamiliar Foods
Foods that are not recognized or commonly eaten by an individual, often due to cultural or personal unfamiliarity.
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