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:
12, 25, 26, 26, 26, 34, 35, 39, 42, 42, 50, 72.
Step-by-step explanation:
A stem and leaf plot works like a digit separator. The left is the first number, which is usually repeated, and the right is the number you add to it.
In this example, 3 is used three times for the numbers 34, 35, and 39.
$3 because you can not round this up to $4 because the order to rounder up you need to have more than $.50
Answer:
0.66666666666
Step-by-step explanation:
