im stuck for time and i need these question asap!(TCOs 6 and 8)
im stuck for time and i need these question asap!(TCOs 6 and 8) Which of the
following statements is most true with regard to regression lines? (Points : 5) They show cause-and-effect relationships.
They are too complicated for most applications.
They cannot be used with services.
They describe relationships among variables.
None of the above
| Question 2. 2. (TCO 6) The primary purpose of the mean absolute deviation (MAD) in forecasting is to (Points : 5)eliminate forecast errors. seasonally adjust the forecast. develop a correlation coefficient. adjust the trend line. None of the above |
| Question 3. 3. (TCO 8) The average of the squared differences between the forecasted and observed values is (Points : 5)squared mean error (SME). mean absolute deviation (MAD). mean squared error (MSE). smoothing constant. None of the above |
| Question 4. 4. (TCO 8) Given forecast errors of -2, 4, 9, and -5, what is the mean absolute deviation? (Points : 5)4 3 4 5 7 |
| Question 5. 5. (TCO 8) A measure of variability around the regression line is (Points : 5)coefficient of correlation. coefficient of determination. seasonal variations. None of the above |
| Question 6. 6. (TCOs 7 and 8) Less quantitative methods of forecasting tend to be used more for (Points : 5)short-term forecasts. budget forecasts. random forecasts. economic forecasts. long-term forecasts |
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
