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Vilka [71]
3 years ago
11

A company has calculated its running sum of forecast errors to be 500 and its mean absolute deviation is exactly 35. Which of th

e following is the company's tracking signal?
A. Cannot be calculated based on this information

B. About 14.3

C. More than 35

D. Exactly 35

E. About 0.07
Business
1 answer:
Stella [2.4K]3 years ago
4 0

Answer:

correct option is here B. About 14.3

Explanation:

given data

running sum of forecast errors RSFE = 500

mean absolute deviation MAD = 35

solution

we get here tracking signal that is express here as

tracking signal = \frac{RSFE}{MAD}     .................................1

put here value and we will get tracking signal

tracking signal = \frac{500}{35}

tracking signal = 14.3

so correct option is here B. About 14.3

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