The following table reflects a partial Analytic Solver's Performance measure for a hotel cost during an NFL game night. What is the MAD implying?
A) The predicted mean absolute deviation is 0.53 of the mean absolute percentage error.
B) The predicted cost is relatively low, providing the need for full tree.
C) The predicted average cost is lesser than the standard error, thus impure.
D) The predicted cost on average differs from the actual cost by $52.56.

Question

The following table reflects a partial Analytic Solver's Performance measure for a hotel cost during an NFL game night. What is the MAD implying? 
A) The predicted mean absolute deviation is 0.53 of the mean absolute percentage error. 
B) The predicted cost is relatively low, providing the need for full tree. 
C) The predicted average cost is lesser than the standard error, thus impure. 
D) The predicted cost on average differs from the actual cost by $52.56.

Quizplus · Accepted Answer

The Answer of The following table reflects a partial Analytic Solver's Performance measure for a hotel cost during an NFL game night. What is the MAD implying? 
A) The predicted mean absolute deviation is 0.53 of the mean absolute percentage error. 
B) The predicted cost is relatively low, providing the need for full tree. 
C) The predicted average cost is lesser than the standard error, thus impure. 
D) The predicted cost on average differs from the actual cost by $52.56.

The Following Table Reflects a Partial Analytic Solver's Performance Measure