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Week 12 Quiz_1651479...
1.a growing attraction to atheism and agnosticism 2. 4. Lutheranism 3.Pietism 4.the suppression of the religious order, the Jesuits 5. 4. personal religious renewal within the established church

Week 12 Quiz
Week 12 Quiz

1.a growing attraction to atheism and agnosticism

Week 8 DQ 1_16354953...
As this discussion is about system thinking, I will approach it by using the steps in systems thinking. Systems thinking is all about tackling a problem in the holistic manner. This means paying atten...

Week 8 DQ 1
Week 8 DQ 1

As this discussion is about system thinking, I wil

Week 2 - Discussion...
A sales projection is critical before developing a pro forma income statement because it enables a business to anticipate future sale revenues based on estimated stocks at a specific sale price for so...

Week 2 - Discussion Forum 1
Week 2 - Discussion Forum 1

A sales projection is critical before developing a

Quantitative Analysis-Discussion (1)

Quantitative analysis-Discussion

Q What is MAD and why is it important in the selection and use of forecasting models? How does it compare with MAPE and MSE? What are the differences between the three? Outside research is required. Remember to cite your sources.

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Measuring the error is an important factor in forecasting as it indicates the strength of the forecasting model. The MAD or the Mean Absolute Deviation is one such way to measure the error in a forecasting model. The error in forecasting refers t the value of the difference between the original value and the forecasted value. The MAD can be calculated by taking the average of the absolute value of the errors. The absolute value has been considered so that the positive and negative errors would not cancel each other.