- +1-530-264-8006
- info@tutorsglobe.com

Value of the mean absolute deviation

The table below provides a firm's sales. Given: ? = 0.2, ? = 0.15, and ? = 0.05 and placing the data into quarters.

a) Calculate the value of the mean absolute percentage error for the given data.

b) What is the value of the mean absolute deviation for the given data?

c) What will be the predicted sales for February of the next quarter?

Year |
Month |
Units |

01 | Jan | 3980 |

01 | Feb | 4000 |

01 | Mar | 4740 |

01 | April | 4720 |

01 | May | 4920 |

01 | Jun | 5140 |

01 | July | 4640 |

01 | Aug | 4520 |

01 | Sep | 4480 |

01 | Oct | 4690 |

01 | Nov | 4210 |

01 | Dec | 4418 |

Expected delivery within 24 Hoursrs

18,76,764

Questions

Asked

21,311

Experts

9,67,568

Questions

Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment2015 © Tutors Globe. All rights reserved.

## Q : Average waiting time of a customer

Customers arrives at a sales counter manned by a single person according to a poisson process with a mean rate of 20 per hour. The time required to serve a customer has an exponential distribution with a mean of 100 seconds. Find the average wait