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8.19. For the following data, calculate the mean absolute deviation. Period Forecast Actual Demand Deviation Absolute Deviation 1 100 105 5 5 2 105 95
| 8.19. For the following data, calculate the mean absolute deviation. | |||||
| Period | Forecast | Actual Demand | Deviation | Absolute Deviation | |
| 1 | 100 | 105 | 5 | 5 | |
| 2 | 105 | 95 | 10 | 10 | |
| 3 | 110 | 90 | 20 | 20 | |
| 4 | 115 | 135 | 20 | 20 | |
| 5 | 120 | 105 | 15 | 15 | |
| 6 | 125 | 120 | 5 | 5 | |
| Total | |||||
| Is there any bias error (Yes/No)? Why? | |||||
| MAD | 17 |
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Planned Giving Management Marketing And Law
Authors: Ronald R. Jordan, Katelyn L. Quynn
3rd Edition
0471679798, 978-0471679790
