Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 26, 2024

question 4 Given the following forecast errors: 6,0,4 and 2 . What is the Mean Absolute Error? 4 1 2 3 2.5

question 4 image text in transcribed

Given the following forecast errors: 6,0,4 and 2 . What is the Mean Absolute Error? 4 1 2 3 2.5

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

Operations Management

Authors: R. Dan Reid, Nada R. Sanders

4th edition

9780470556702, 470325046, 470556706, 978-0470325049

More Books

Students also viewed these General Management questions

Question

★★★★★

What is comparison advertising, and why does this form of advertising need a special set of guidelines to prevent unfair competition?

Answered: 1 week ago

Question

★★★★★

8.1 Suppose that the market for video games is competitive with demand function Qd = 130 - 4p + 2Y + 3pm - 2pc, where Qd is the quantity demanded, p is the market price, Y is the monthly budget that...

Answered: 1 week ago

Question

★★★★★

9. Based on the information below, compute the Black-Scholes-Merton formula (assume a no-dividend paying stock): S0 = $70, X = $60, r = 0.025, T = 0.50 (half a year), = 0.60. What is the call...

Answered: 1 week ago

Question

★★★★★

Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philips support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a...

Answered: 1 week ago

Question

★★★★★

Which of the following characteristics are typical of the planning phase in developing countries? Group of answer choices Lack of visibility of sales of final products from the end customers Advanced...

Answered: 1 week ago

Question

★★★★★

2 examples of how wirecard failed in their ethical behaviour, thus contributing to the subsequent failure any ethical examples: Absolutism v relativism Teleological ethics Deontological ethics

Answered: 1 week ago

Question

★★★★★

Use the virial equation to consider a mixture of propane and n-butane at 515 K at pressures between 0.1 and 4.5 MPa. Verify that the virial coefficient method is valid by using Eqn. 7.10. (a) Prepare...

Answered: 1 week ago

Question

★★★★★

Work problem 11.25 using the (a) Wilson equation (b) NRTL equation (c) UNIQUAC equation Data from problem 11.25 Fit the specified model to the methanol(1) + benzene(2) system P-x-y data at 90C by...

Answered: 1 week ago

Question

★★★★★

The last section of this chapter describes the sizing of a heat exchanger to cool the neutralized acid stream from 49.9C to 27C using cooling water available at 15C. That calculation assumed an...

Answered: 1 week ago

Question

★★★★★

Within the two-phase envelope, one can draw another envelope representing the limits of supercooling of the vapor and superheating of liquid that can be observed in the laboratory; along each...

Answered: 1 week ago

Question

★★★★★

The following portfolio of investment projects has been proposed for a company for next year: i. Develop a spreadsheet optimization program to select the optimal portfolio of projects to maximize...

Answered: 1 week ago

Previous Question Next Question