The mean absolute deviation (MAD) and the sum of squares for forecast error (SSE) are the most commonly used measures of forecast accuracy. The model that forecasts the data best will usually have the:
a. lowest MAD and highest SSE
b. highest MAD and lowest SSE
c. lowest MAD and SSE
d. highest MAD and SSE
C
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After closing the temporary owners' equity accounts into Income Summary, and after allocating the net income and closing the partners' drawing accounts, assume the partners' capital accounts had credit balances as follows: Sanchez, $20,000; Dorvinsky, $30,000; Davenport, $45,000 . Partners share profits and losses as follows: Sanchez, 20%; Dorvinsky, 30%; and Davenport, 50%. If Davenport retired
and withdrew $40,000 in settlement of his/her equity and settlements are allocated according to capital interests, the amount entered in Dorvinsky's capital account would be a a. $2,000 credit. b. $2,000 debit. c. $3,000 credit. d. $3,000 debit.
Problem definition is the most important step in the marketing research project
Indicate whether the statement is true or false
Slope of the line labeled "A" in the diagram is:
A) order rate. B) rate of inventory demand. C) production rate. D) production rate minus rate of inventory demand.
Underline the key word(s) and translate into an expression: the sum of twice B and 8