In forecasting, what is the Mean Absolute Deviation (MAD)?
A) It is the difference between the forecast and actual demand.
B) It is the average, absolute difference between the forecast and actual demand.
C) It is the absolute error as a percentage of demand.
D) It is the per-period average of cumulative error.
B) It is the average, absolute difference between the forecast and actual demand.
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In state court systems, most cases are originally filed in the ________ court of ________ jurisdiction
A) appellate; general B) trial; general C) appellate; special D) trial; special
If private entities engage in public functions, constitutional guarantees such as free speech and due process may apply to their actions under the __________ doctrine
a. state action b. federal preemption c. interstate commerce d. supremacy
There is only one price that will be profitable for firms with down-sloping demand curves.
Answer the following statement true (T) or false (F)
Types of virtual communities include each of the following except
A) relations or practices. B) virtual worlds. C) mashups. D) social networks.