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pav-90 [236]
4 years ago
9

Which of the following is true? Forecast errors cannot be negative. Forecast errors are negative when the forecasted rate exceed

s the realized rate. Absolute forecast errors are negative when the forecasted rate exceeds the realized rate. None of the above
Mathematics
1 answer:
BaLLatris [955]4 years ago
7 0

Answer: None of the above.

Step-by-step explanation:

Forecast error is the difference which occurs between the actual observation and a given one over a period of time.

Forecast errors can sometimes be negative, this is due or caused by the difference which arises from the actual and given figures. Forecasting errors help to improve forecasting feedbacks which helps drive better results.

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tatuchka [14]

Answer:

a) He substituted 0.8 instead of 0.08.

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Step-by-step explanation:

From the question, the principal is p= $275, the rate is r=0.08, and the time is t=12 years.

We substitute into the formula to get:

I=prt

I=275 \times 0.08 \times 12 \\ I=264

a) The mistake is that, he substituted 0.8 instead of 0.08.

b) The correct amount is $264

6 0
3 years ago
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Using the probability concept, the number of blue balls you need to add is:

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<h3>What is a probability?</h3>

A probability is given by the <u>number of desired outcomes divided by the number of total outcomes</u>.

A probability of 0.5 is reached if the number of red balls is the same as the number of blue balls. Current the difference is of 7 - 2 = 5, hence 5 blue balls must be added.

More can be learned about probabilities at brainly.com/question/14398287

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2 years ago
I need to remember how to do combinging like terms and distributing ​
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4+4a

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6 0
4 years ago
What is the value of x un the following equation: <br> -5.5x + 0.56 = -1.64
Ksenya-84 [330]
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8 0
3 years ago
Sylvia is fencing a rectangular rose garden. The hardware store sells fencing for
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Total Money= $250

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