Mean Absolute Deviation a

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
icon
Related questions
Question
9. Considering the demands of last 6 month listed above and following forecasted data, calculate
Mean Absolute Deviation and Mean Absolute Percentage Error. Can you comment on whether it
was under forcated or over forecasted?
Month 1: 260
Month 2: 230
Month 3: 280
Month 4: 350
Month 5: 410
Month 6: 500
Transcribed Image Text:9. Considering the demands of last 6 month listed above and following forecasted data, calculate Mean Absolute Deviation and Mean Absolute Percentage Error. Can you comment on whether it was under forcated or over forecasted? Month 1: 260 Month 2: 230 Month 3: 280 Month 4: 350 Month 5: 410 Month 6: 500
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill