Assuming that forecast errors are normally distributed, what is the relationship between mean absolute deviation (MAD) and
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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
ISBN: 9780071750318,9780071750325
1st Edition
Authors: F. Robert Jacobs, William Lee Berry, D. Clay Whybark, Thomas E. Vollmann
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