?
Match the items of List-I with the items of List-II and choose the correct answer.
| List-I |
List-II |
| a. Mean forecast error |
1. Mean of absolute deviations of forecast demands from actual demand values |
| b. Mean absolute deviation |
2. Mean of the squares of the deviations of forecast demands from actual demand values |
| c. Mean square error
| 3. Mean of the deviations of the forecast demands from actual demand |
| d. Mean absolute percent error |
4. Mean of the percent deviations of the forecast demands from the actual demand |
Answer & Solution
Correct Answer:
Option
A
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