Calculate the MAD for this scenario if the forecasts for periods 1-10 are in order, 176.6, 174.2, 176.1, 178.7, 160.4, 165.4, 177.7, 191.1, 191.0, and 175.2

A) 11.04
B) 9.52
C) 10.40
D) 12.25


Answer: A

Business

You might also like to view...

Which of the following strategies entails giving most of the value to the customer and keeping a small margin?

A) penetration pricing B) skimming C) prestige pricing D) competitive pricing

Business

You can expect to spend most of your time in an organization sending which type of messages?

A. dialogue B. technical dialogue C. monologue D. none of these

Business

The situation in which managers have different (better) information about their firm's prospects than outside investors is known as _____ information.

A. symmetric B. contingent C. asymmetric D. favorable E. unfavorable

Business

Suppose you own a portfolio of British securities valued at about $500,000. The exchange rate is currently at $1 = £0.66. A currency contract on British pounds is set at 62,500 pounds

How many contracts must you purchase to protect at least 90% of your portfolio from exchange rate risk? A) 6 B) 5 C) 4 D) 3

Business