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Free Forecast Accuracy Multiple Choice Questions (MCQ Quiz) with Answers PDF Download (Forecast Accuracy MCQ PDF Book) to learn online statistics degree courses. Study Time Series Analysis and Forecasting Multiple Choice Questions and Answers (MCQs), Forecast Accuracy quiz answers PDF for MBA degrees online. Free learning app: Forecast Accuracy MCQ App Download & e-Book for moving averages and exponential smoothing, time series patterns test prep for top ranked MBA programs.

The MCQ: A measure of forecast accuracy that avoids the problem of positive/negative forecast errors offsetting one another is known as; "Forecast Accuracy" App Download (Free) with answers mean standard error, mean absolute error, mean residual factor and mean estimated factor for MBA degrees online. Practice forecast accuracy quiz questions, download Google e-Book (Free Sample) .

Forecast Accuracy MCQs: Questions and Answers

MCQ 1: A measure of forecast accuracy that avoids the problem of positive/negative forecast errors offsetting one another is known as

A) Mean standard error
B) Mean absolute error
C) Mean residual factor
D) Mean estimated factor

MCQ 2: How well a particular forecasting method is able to reproduce the available time series data can be determined by

A) Pattern plot
B) Forecast accuracy
C) Prediction
D) Error factor

MCQ 3: Forecast error in finding forecast accuracy can be computed as

A) Forecast value- Actual value
B) Actual value- error value
C) Error value- Actual value
D) Actual value-forecast

MCQ 4: The key concept associated with measuring forecast accuracy is known to be

A) Future value prediction
B) Actual Value
C) Forecast error
D) Residual forecast

MCQ 5: A simple measure of forecast accuracy is named as

A) Mean of forecast errors
B) Mean sum of squares
C) Mean residual of forecast
D) Mean of forecast deviation