Consider the Following Data Concerning the Performance of a Forecasting

question 120

Multiple Choice

Consider the following data concerning the performance of a forecasting method.

• A)The CFE is greater than 100,and the MAD is less than 50.
• B)The CFE is less than 100,and the MAD is less than 50.
• C)The CFE is less than 100,and the MAD is greater than 50.
• D)The CFE is greater than 100,and the MAD is greater than 50.

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Definitions:

Performance Levels

The degrees or stages of how effectively an individual, group, or organization meets their goals or objectives.

Active Listener

A person who fully engages with the speaker, understanding, and processing the information being communicated.

Facts And Feelings

The distinction between objective realities or truths (facts) and subjective emotional responses or perceptions (feelings).

Essential Part

A component or element that is crucial or necessary for the functionality, operation, or completeness of a whole.