A forecasting method has produced the following over the past five months. What is the mean absolute deviation?
Actual Forecast Error |Error|
10 11 -1 1
8 10 -2 2
10 8 2 2
6 6 0 0
9 8 1 1
A) -0.2
B) -1.0
C) 0.0
D) 1.2
E) 8.6
D
Business
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A one-year zero-coupon bond yields 4.0%. The two- and three-year zero-coupon bonds yield 5.0% and 6.0% respectively. The rate for a one-year loan beginning in one year is closest to:
A. 4.5%. B. 5.0%. C. 6.0%.
Business
A major effect of government raising the minimum wage is that:
A. It strengthens the business cycle by stimulating supply B. The government will be criticized by business and the media for being too compassionate C. The poorer working class get government-mandated pay raises D. It increases unemployment among workers who had been paid the least E. Prices will increase by the same percentage as the minimum wage increase
Business