Which summary measure for forecast errors does not depend on the units of the forecast variable?
a. MAE (mean absolute error)
b. MFE (mean forecast error)
c. RMSE (root mean square error)
d. MAPE (mean absolute percentage error)
d
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Indicate whether the statement is true or false
A false statement on an insurance policy application
a. voids the policy. b. has no effect on the validity of the policy. c. raises the premium. d. may permit the insurer to void the policy.
Which of the following is true regarding the roles of marketers and consumers in improving the macro-marketing system?
A. The decisions that marketing managers make always increase the choices available to consumers. B. Marketers and consumers should decide in advance what products will be produced so as not to waste scarce resources. C. Marketing managers should not be expected to improve and extend the range of goods and services they make available. D. Consumer-citizens have the responsibility to vote for laws that place constraints on businesses if those businesses harm the ecological system or make excessive demands on scarce resources. E. None of these statements is true.
The title to real property passes before the delivery of the deed.?
Indicate whether the statement is true or false