Which of the following are used to describe the degree of error?
A)Weighted moving average
B)Regression
C)Moving average
D)Focus forecast
E)Mean absolute deviation

Question

Quizplus · Accepted Answer

Mean absolute deviation is a measure of the average magnitude of the errors in a set of forecasts, making it an appropriate choice to describe the degree of error. Weighted moving average, regression, moving average, and focus forecast are all forecasting methods and are not used to describe the degree of error.

Which of the Following Are Used to Describe the Degree