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Calculate the MAD for each forecast. a) Which of these two forecasts (A or B) is more accurate? b) What is the MAD value of
Calculate the MAD for each forecast. a) Which of these two forecasts (A or B) is more accurate? b) What is the MAD value of the Forecast Ac) What is the MAD value of the forecast B? Forcast A actual actual Force cast B 495 495 0.4950 0.4950 420 420 0.4200 0.4200 470 470 0.4700 0.4700 475 475 0.4750 0.4750 500 500 0.5000 0.5000 515 515 0.5150 0.5150 529 529 0.5290 0.5290 495 495 0.4950 0.4950 Forecast accuracy. Select three answers. Select one answers from this section. Forecast A O MAD = 0.12 OMAD = 0 MAD=1 OMAD=-0 Forecast B OMAD = 1 MAD=-0 MAD =0 OMAD = -1 None of these Select one answer from this section. Forecast A is more accurate Forecast B is more accurate Both forecasts are equally accurate None of these Calculate the MAD for each forecast. a) Which of these two forecasts (A or B) is more accurate? b) What is the MAD value of the Forecast Ac) What is the MAD value of the forecast B? Forcast A actual actual Force cast B 495 495 0.4950 0.4950 420 420 0.4200 0.4200 470 470 0.4700 0.4700 475 475 0.4750 0.4750 500 500 0.5000 0.5000 515 515 0.5150 0.5150 529 529 0.5290 0.5290 495 495 0.4950 0.4950 Forecast accuracy. Select three answers. Select one answers from this section. Forecast A O MAD = 0.12 OMAD = 0 MAD=1 OMAD=-0 Forecast B OMAD = 1 MAD=-0 MAD =0 OMAD = -1 None of these Select one answer from this section. Forecast A is more accurate Forecast B is more accurate Both forecasts are equally accurate None of these
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