Term Test 2 | Past Tests

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Fall 2016 – Term Test #2

Author: Jason

This exam contains two very typical test questions; The first is a Chapter 6 forecasting question where the MAPE (Mean Absolute Percent Error) is used to determine which of two forecasting methods is best. The second question is a fairly long Chapter 4 decision analysis question covering (almost) everything you'll need to know from that chapter - I discuss the missing stuff in part (c). The solutions to both of these questions are available with the Term Test #2 Bundle or the Full Course Bundle.