FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 34 (1 point) Absolute Error Percent error Squared error Naive Period Sales (Smillions) Forecast Error 1 14.5 2 18.5 3 14.0 4 14.4 Using

image text in transcribed
Question 34 (1 point) Absolute Error Percent error Squared error Naive Period Sales (Smillions) Forecast Error 1 14.5 2 18.5 3 14.0 4 14.4 Using the Naive forecast, what will be the MAD (Mean Absolute Deviation) in the table above? (Round your answer to 2 decimal places) Your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

The Millionaire Next Door The Surprising Secrets Of Americas Wealthy

The Millionaire Next Door The Surprising Secrets Of Americas Wealthy

Authors: Thomas J. Stanley, William D. Danko

1st Edition

1589795474, 978-1589795471

More Books

Students also viewed these Finance questions

Question

★★★★★
Wonder T Manufacturing Company produces lanterns. The firm has not been as profitable as expected in the past three years. As a result, it has excess capacity that could be used to produce an...

Answered: 1 week ago

Question

★★★★★
Metlock Company determined its ending inventory at cost and at LCNRV at December 31, 2017, December 31, 2018, and December 31, 2019, as shown below. Cost NRV 12/31/17 $608,300 $608,300 12/31/18...

Answered: 1 week ago

Question

★★★★★
7. What are the two major ways in which an economy can grow and push out its production possibilities curve? LO1.7 a. Better weather and nicer cars. b. Higher taxes and lower spending. c. Increases...

Answered: 1 week ago

Question

★★★★★
Accountants at the Tucson firm, Larry Youdelman, CPAs, believed that several traveling executives were submitting unusually high travel vouchers when they returned from business trips. First, they...

Answered: 1 week ago

Question

★★★★★
Dyson Industries is evaluating a three-year project. New manufacturing equipment would cost $150,000 and installation costs would be $20,000. After three years, the equipment would be sold for...

Answered: 1 week ago

Question

★★★★★
Considering the US has a huge trade deficit ($617 billion in 2019), who has likely gained from having trade as opposed to international trade being banned (assuming trade protection is negligible)?...

Answered: 1 week ago

Question

★★★★★
Help please. TIA! 3. (4 points) Having freckles can be considered a dominant characteristic. For a particular couple, the probability that their baby will not have freckkles is 0.25. This couple...

Answered: 1 week ago

Question

★★★★★
Question 4 (3 pts): Offsetting Today - buy 1 Nov Soybeans contract at 1185'4 Oct 1st sell 1 Nov Soybeans contract at 1312'0 Calculate the profit or loss on the contract. Question 5 (3 pts):...

Answered: 1 week ago

Question

★★★★★
Write a function max of type int list -> int that returns the largest element of a list of integers. Your function need not behave well if the list is empty. Hint: Write a helper function maxhelper...

Answered: 1 week ago

Question

★★★★★
Horseman Plastics manufactures plastic housings for air conditioners. One of the parts required to manufacture an air conditioner plastic housing is currently produced by Horseman at a rate of P90,...

Answered: 1 week ago

Question

★★★★★
The OBK cinema chain is going through a difficult financial situation: its costs are increasing every year and this variation is not accompanied by an increase in revenues. Last year, the total...

Answered: 1 week ago

Question

★★★★★
What percentage of loans have a 36-month term?

Answered: 1 week ago

Question

★★★★★
What are some additional ways you could slice loans that would be useful to lenders as they evaluate collectability of loans?

Answered: 1 week ago

Question

★★★★★
What might explain the pattern of loans in the second half of the year?

Answered: 1 week ago

Previous Question Next Question