Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 27, 2024

Based on the actual and forecasted returns shownbelow, what is theMAD? Month Monthly Return(%) Forecast(%) July 2007 2.20 1.95 August 2007 2.5 2.21 September 2007

Based on the actual and forecasted returns shownbelow, what is theMAD?

Month

Monthly Return(%)

Forecast(%)

July 2007

2.20

1.95

August 2007

2.5

2.21

September 2007

1.8

2.35

October 2007

1.4

2.15

November 2007

1.1

1.6

December 2007

1.9

1.2

0.507

1.531

0.249

2.344

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Effective small business management An Entrepreneurial Approach

Authors: Norman M. Scarborough

10th Edition

132157462, 978-0132157469

More Books

Students also viewed these General Management questions

Question

★★★★★

The chamber of commerce of a Florida Gulf Coast community advertises that area residential property is available at a mean cost of $125,000 or less per lot. Suppose a sample of 32 properties provided...

Answered: 1 week ago

Question

★★★★★

Which of the following correctly relates the equilibrium constants for the two reactions shown? (a) K 2 = 1/(K 1 ) 12 (b) K 2 = 1/K 1 (c) K 2 = K 1 2 (d) K 2 = K 1 12 A + B 2 C + /2 B CA K K

Answered: 1 week ago

Question

★★★★★

7. Would each of the following groups be happy or unhappy if the U.S. dollar appreciated? Explain. a. Dutch pension funds holding U.S. government bonds b. U.S. manufacturing industries c. Australian...

Answered: 1 week ago

Question

★★★★★

Global Travel uses the contribution margin income statement internally. Global's first quarter results are as follows: Global's relevant range is sales of between $ 135,000 and $ 675,000....

Answered: 1 week ago

Question

★★★★★

Based on the actual and forecasted returns shownbelow, what is theMAD? Month Monthly Return(%) Forecast(%) July 2007 2.20 1.95 August 2007 2.5 2.21 September 2007 1.8 2.35 October 2007 1.4 2.15...

Answered: 1 week ago

Question

★★★★★

Natasha Inc. manufactures a special dessert, producing 35,000 units per year. The cost of each special dessert is as follows: Direct material $6.00 Direct labour 2.00 Variable overhead 1.50 Fixed...

Answered: 1 week ago

Question

★★★★★

Explain in detail the different methods of performance appraisal .

Answered: 1 week ago

Question

★★★★★

In a particular county, the average number of suicides reported each month is 2.75. Assume that the number of suicides follows a Poisson distribution. What is the probability that at least two (two...

Answered: 1 week ago

Question

★★★★★

Renaldo's Bakery makes bread for the local restaurants. Gennaro's job is to inspect the bread for defects, including size, holes, slice width, hardness, and softness. Each loaf of bread could have as...

Answered: 1 week ago

Question

★★★★★

An archer wants to test the speed of his shot (arrow) using limited sources. During the experiment, he hits a solid ball made up of clay soil having mass 0.4 kg kept at a height of 80 m on the...

Answered: 1 week ago

Question

★★★★★

LO11.4 Show how long-run equilibrium in pure competition produces an efficient allocation of resources.

Answered: 1 week ago

Question

★★★★★

7. last word If a firms current revenues are less than its current variable costs, when should it shut down? If the firm decides to shut down, should we expect that decision to be final? Explain...

Answered: 1 week ago

Question

★★★★★

5. The basic model of pure competition reviewed in this chapter finds that in the long run all firms in a purely competitive industry will earn normal profits. If all firms will only earn a normal...

Answered: 1 week ago

Previous Question Next Question