Question: A forecasting method has produced the following over the past five months. What is the mean absolute deviation? Month Actual Forecast 1 102 98 2

A forecasting method has produced the following over the past five months. What is the mean absolute deviation?

Month Actual Forecast
1 102 98
2 120 100
3 125 105
4 110 120
5 100 113

  • A.

    10.2

  • B.

    14.1

  • C. 10.2%
  • D.

    10.4

  • E.

    13.4

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