Math, asked by Sunil6744, 1 year ago

The mean absolute deviation (mad) is used to: 1. estimate the trend line 2. eliminate forecast errors 3. measure forecast accuracy 4. seasonally adjust the forecast

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Answered by Anonymous
0

Answer:

3. measure forecast accuracy

Hello.  I hope this helps you.  All the best!!!

Step-by-step explanation:

MAD is a measure of spread, similar to standard deviation (one is just arithmetic mean of absolute values, the other is root-mean-square).

In modelling (and so in forecasting), it provides a measure of accuracy.

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