<u>Complete Question:</u>
The mean absolute error, mean squared error, and mean absolute percentage error are all methods to measure the accuracy of a forecast. These methods measure forecast accuracy by
a. adjusting the scale of the data.
b. determining how well a particular forecasting method is able to reproduce the time series data that are already available.
c. predicting the future values and wait for a pre-defined time period to examine how accurate the predictions were.
d. using the current value to estimate how well the model generates previous values correctly.
<u>Correct Option:</u>
These methods measure forecast accuracy by determining how well a particular forecasting method is able to reproduce the time series data that are already available.
<u>Option: B</u>
<u>Explanation:</u>
The forecast reliability is the level of proximity of the quantity assertion to the real or true value of that quantity in statistics. Typically, at the time the prediction is produced, the real value can not be calculated, as the assumption involves the future.
Accurate sales forecasting is an essential resource that businesses need to have. This helps managing directors gage desire for their goods. It allows companies handle inventories better. Sales forecasting enables businesses to look into the future and schedule their movements strategically to maximize development.
Answer:
The company is using Communication.
Explanation:
Communication in marketing are the methods employed by a business to convey messages about their products to consumers either directly or indirectly, with the goal of persuading them to purchase.
Communication involves activities like promotions, personal selling , advertisement, events, radio advertising, and email campaigns.
Answer:
$58.70
Explanation:
The computation of the current share price is shown below:
But before that we need to find out the value after year 4 which is shown below:
Value after year 4 is
= (D4 × Growth rate) ÷ (Required return - Growth rate)
= (2.75 × 1.05) ÷ (0.1075 - 0.05)
= $50.2173913
Now current share price is
= Future dividends × Present value of discounting factor(10.75%,time period)
= $13 ÷ 1.1075 + $9 ÷ 1.1075^2 + $6 ÷ 1.1075^3 + $2.75 ÷ 1.1075^4 + $50.2173913 ÷ 1.1075^4
= $58.70
Answer:
slope of the per-worker production function = 0.06
Explanation:
given data
increase in capital per hour = $10,000
increase real GDP per hour = $600
solution
we get here slope of the per-worker production function that is express as here
slope of the per-worker production function = increase real GDP per hour ÷ increase in capital per hour ..............1
put here value
slope of the per-worker production function =
slope of the per-worker production function = 0.06
In the Olympic organizational structure national governing bodies (NGBs) report directly to National Olympic Committee (NOCs) and International Federations (IFs).
The NOC is a national organizing committee and IFs are <span>responsible for the integrity of their sport on the international level. </span>