31. Assuming that forecast errors are normally distributed, what is the relationship between mean absolute deviation (MAD)
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31. Assuming that forecast errors are normally distributed, what is the relationship between mean absolute deviation (MAD) and standard deviation (SD)?
a. MAD > SD
b. SD > MAD
c. MAD = SD
d. Cannot be determined
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Related Book For
Manufacturing Planning And Control For Supply Chain Management The CPIM Reference
ISBN: 9781265138516
3rd Edition
Authors: F. Robert Jacobs, William Lee Berry, D. Clay Whybark, Thomas E. Vollmann
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