Mad of four month forecast
Sales for boxes of Girl Scout cookies over 4-month period were forecasted as follows: 100, 120, 115, and 123. The actual results over 4-month period were as follows: 110, 114, 119, 115. What was the MAD of four month forecast?
A. 5
B. 6
C. 7
D. 8
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Demand for soccer balls at the new sporting goods store is forecasted using following regression equation: Y = 98 + 2.2X where X is the number of months that store has been in existence.
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He wishes to maximize area of the patio (area of the rectangle is length times width). What must dimensions of patio be, and illustrate how maximum area of patio is computed from algebraic equation.
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