Answer:
The forecast is accurate within plus or minus 3.2 units
Step-by-step explanation:
Mean Absolute Deviation is a statistical measure of dispersion from forecast. It measures accuracy level of predicted forecast, by averaging the difference between absolute value of each error from forecasted value.
MAD for a forecast states that : Forecast is accurate within the expected range variation of Mean Absolute Deviation.
So : If the MAD for a forecast is 3.2, we can say that - The forecast is accurate within plus or minus 3.2 units
Ok well...
1200 times .25 is 300 so subtract 1200-300= 900 is the decreased number :)
Hope it helps! :)
Answer:
it's 9 I just took this assignment
Answer:
x = 12 and 2
Step-by-step explanation:
x^2 - 14x + 48 = 0
(x - 12)(x - 2) = 0
x = 12 x = 2
Answer:
4
Step-by-step explanation:
Given the data:
X : 20,25,30,20,30
Mean absolute deviation :
Σ(x - xbar) / n
n = sample size = 5
xbar = ΣX / n = (20+25+30+20+30) /5
xbar = 25
((20-25) + (25-25) + (30-25) + (20-25) + (30-25)) / 5
We take the absolute values, hence, negative signs are ignored :
(5 + 0 + 5 + 5 + 5) / 5
20 / 5
= 4
