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
Answer:
$732.5
Step-by-step explanation:
Mae Ling earns a weekly salary of $365 which means salary per week is $365
Then plus a 7.5% commission on sales at a gift shop if she sold $4,900 worth of merchandise, which means additional
(0.075×4900)=367.5
The total she make will be
367.5+365
=$732.5
Therefore,she will make $732.5 in a work week if she sold $4,900 worth of merchandise
What do you mean by this? Do you have a picture
So, we need to do the distance she travelled (21 miles) divided by the rate at which she travelled (4 hours). Therefore, because 21 divided by 4 is 5.25, she biked at a speed of 5.25 mph (Miles per hour). So, if she bikes 5.25 miles every hour we can divide 42 by 5.25 to get the time it would take her to travel 42 miles. Now, 42 divided by 5.25 equals 8, so that means for Shelly to bike 42 miles at her average speed of 5.25 mph, it would take her 8 hours.