Given Forecast Errors of -1,4,8,and -3,what Is the Mean Absolute

question 7

Multiple Choice

Given forecast errors of -1,4,8,and -3,what is the mean absolute deviation?

• A)2
• B)3
• C)4
• D)8
• E)16

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Definitions:

Market Value

The existing exchange rate for assets or services in the marketplace.

Underpricing

The practice of listing a company's stock at a lower price than its market value during its IPO, typically to ensure the stock is fully subscribed.

Indirect Flotation Cost

Expenses indirectly incurred by a company when raising new capital, such as underpricing or the costs associated with time and effort.

Filing Fees

Charges required to file documents with a governmental body or court, often mandatory for legal processes, registrations, or applications.