Question: A forecasting method has produced the following over the past five months. What is the mean absolute deviation? Actual Forecast Error 1 0 1 1

A forecasting method has produced the following over the past five months. What is the mean absolute deviation?
Actual
Forecast
Error
10
11
-1
8
10
-2
10
6
4
6
6
0
9
4
5
Question 4Answer
a.
2.4
b.
6.0
c.
1.2
d.
-0.2
e.
12.0

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