MCQOPTIONS
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| 1. |
In a time series forecasting model, the demand for five time periods was 10,13,15,18 and 22. A linear regression fit resulted in an equation F = 6.9 + 2.9 where F is the forecast for period f. The sum of absolute deviations for the five data is |
| A. | 2.2 |
| B. | 0.2 |
| C. | 1.2 |
| D. | 24.3 |
| Answer» B. 0.2 | |