Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The mean absolute deviation (MAD) in forecasting is used to ______. A. calculate the standard deviation B. determine the slope of the regression line C.
The mean absolute deviation (MAD) in forecasting is used to ______.
A. calculate the standard deviation
B. determine the slope of the regression line
C. measure forecast accuracy
D. eliminate forecast errors
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