given forecast errors of -5, -10 and +15 the mean absolute deviation (MAD) is 5) _...

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Question

given forecast errors of -5, -10 and +15 the mean absolute deviation (MAD) is

Answer 1

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Answer #1

For MAD, we first calculate absolute Error.

Absolute Error = |-5| + |-10| + |15| = +30

MAD = Absolute Error / Number of errors = 30 / 3 = 10.

Hence, the correct option is A. 10

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Answer 2

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