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Calculate the mean absolute deviation

Assignment Help Basic Statistics
Reference no: EM131874656

Question: A forecasting model has produced the following forecasts:

Period

Demand

Forecast

   Error

Abs.Error

January

120

110

February

110

115

March

115

120

April

125

115

Fill in the blanks above

- Calculate the mean absolute deviation (MAD) at the end of April.

- Calculate the average error at the end of April.

- Calculate the tracking signal at the end of April

Reference no: EM131874656

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