A company has the information shown in the chart below regarding its forecast performance in the past three periods. What is the mean absolute deviation (MAD)?
A)200
B)225
C)-66.67
D)1200

Name: A company has the information shown in the chart below regarding its forecast performance in the past three periods. What is the mean absolute deviation (MAD)? A)200 B)225 C)-66.67 D)1200
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Question

A company has the information shown in the chart below regarding its forecast performance in the past three periods.  What is the mean absolute deviation (MAD)?
A)200 
B)225 
C)-66.67 
D)1200

Quizplus · Accepted Answer

Summing the absolute values of the errors and determining the average results in (300 + 200 + 100)/3 = 200.

A Company Has the Information Shown in the Chart Below