The correct formula for determining IQ as used in Terman’s development of the Stanford-Binet Intelligence Test was ________.
A) MA/DA × 100
B) MA/CA × 100
C) MA/CA
D) CA/MA × 100

Question

Quizplus · Accepted Answer

MA/CA × 100 gives the percent accuracy of a forecast, where MA is the Mean Absolute Error (the average of the absolute values of the forecast errors) and CA is the actual demand or value. This formula helps determine how well a forecast model is performing and allows for comparison between different models.

The Correct Formula for Determining IQ as Used in Terman’s