Solved

Using the Sales Data on a Particular Model of a DVD

Question 13

Multiple Choice

Using the sales data on a particular model of a DVD player shown below in Table 2, answer questions
Table 2
 Month  Sales  Forecast 1  Forecast 2  Jan 353033 Feb 292832 Mar 394335 Apr 424045 May 514852 Jun 565552\begin{array}{|l|c|c|c|}\hline \text { Month } & \text { Sales } & \text { Forecast 1 } & \text { Forecast 2 } \\\hline \text { Jan } & 35 & 30 & 33 \\\hline \text { Feb } & 29 & 28 & 32 \\\hline \text { Mar } & 39 & 43 & 35 \\\hline \text { Apr } & 42 & 40 & 45 \\\hline \text { May } & 51 & 48 & 52 \\\hline \text { Jun } & 56 & 55 & 52 \\\hline\end{array}
-The mean absolute deviation (MAD) for forecast 2 is:


A) less than or equal to 2.0.
B) more than 2.0 but less than or equal to 2.5.
C) more than 2.5 but less than or equal to 3.0.
D) more than 3.0 but less than or equal to 3.5.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents