Answer:In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series
Step-by-step explanation:find the Mean Absolute Percent Error (MAPE) of your forecast. Statistically MAPE is defined as the average of percentage errors.
Answer:
D
Step-by-step explanation:
Given V varies inversely as T, then the equation relating them is
V =
← k is the constant of variation
To find k use the condition, V = 12 when T = 6
k = VT = 12 × 6 = 72
V =
← equation of variation
Answer:
Step-by-step explanation: There are four steps
The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
Answer:
B
Step-by-step explanation: