Which of the following is not one of the commonly used summary measures for forecast errors?
a. MAE (mean absolute error)
b. MFE (mean forecast error)
c. RMSE (root mean square error)
d. MAPE (mean absolute percentage error)
b
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The richness made possible by e-commerce technologies does which of the following?
A. It reduces the cost of delivering marketing messages and receiving feedback from users. B. It allows consumers to become co-producers of the goods and services being sold. C. It allows video, audio, and text to be integrated into a single marketing message and consuming experience. D. It enables worldwide customer service and marketing communications.
Hesson Properties, Inc Transactions for Hesson Properties are provided below. Nov. 1 Hesson purchases two new maintenance carts on credit at $375 each. The carts are added to Hesson's property, plant, and equipment records. Payment is due in 30 days. Nov. 8 Hesson accepts $75 of advance payments from customers for services to be provided in December. Nov. 15 Hesson receives the utility bill for
$150. Payment is due in 30 days. Nov. 20 Customers are billed $750 by Hesson for property services. Payment is due from the customers in 30 days. Nov. 30 Hesson received $500 from customers who were billed on November 20th. Refer to the transactions that occurred at Hesson Properties. Based on these transactions, what is the journal entry to record the November 1st transaction? A) Equipment 750Accounts Payable 750 B) Equipment 750Cash 750 C) Cash 750Equipment 750 D) Accounts Payable 750Equipment 750
Which of the following is true for the shipping term F.O.B. (free on board) point of shipment?
A) It requires the seller to bear the expense and risk of loss until the goods are tendered to the buyer at the place of destination. B) It refers to a pricing term that includes the cost of the goods and the costs of insurance and freight. C) It requires the seller to bear the expense and risk of loss of the goods until delivery has been tendered. D) The buyer bears the shipping expense and risk of loss while the goods are in transit.
In a guaranty agreement, the guarantor is primarily liable on the debt
Indicate whether the statement is true or false