Question: 3. Two different forecasting models were used to forecast sales of a popular drink on a college campus. Actual demand and the two sets of
3. Two different forecasting models were used to forecast sales of a popular drink on a college campus. Actual demand and the two sets of forecasts are shown. Use MAD to explain which method provided a better forecast.
| Period | Actual Demand | Forecast 1 | Forecast 2 |
| 1 | 85 | 73 | 82 |
| 2 | 82 | 80 | 83 |
| 3 | 87 | 79 | 85 |
| 4 | 90 | 87 | 92 |
| 5 | 93 | 95 | 97 |
| 6 | 93 | 97 | 96 |
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