The forecast data matches the actual data perfectly if the mean absolute deviation is 0.0

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Lambert invests $20,000 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,000 before admitting Lambert. After distribution of the bonus, what is Lambert's capital?

a. $18,000 b. $20,000 c. $6,667 d. $11,333

Business

Which of the following describes sampling risk?

a. The sample will not contain characteristics representative of the population such that inferences made about that population will be incorrect. b. The population will not contain characteristics representative of the sample such that inferences made about that sample will be incorrect. c. The auditor incorrectly applies sampling methodology. d. The sample size will be larger than needed.

Business

After the Supreme Court ruled on marriage equality in 2015, Tyrese and Clay celebrated by having a wedding ceremony. Which stage of coming together are Tyrese and Clay in?

a. initiating b. experimenting c. integrating d. bonding

Business

In a single period model, if the in-season demand is unexpectedly high, then the profit can be calculated as ________

Fill in the blanks with correct word

Business