Question: A forecasting method has produced the following over the past five months. What is the mean absolute deviation? Actual Forecast 10 12 8 10 10
A forecasting method has produced the following over the past five months. What is the mean absolute deviation?
| Actual | Forecast |
| 10 | 12 |
| 8 | 10 |
| 10 | 8 |
| 6 | 6 |
| 9 | 8 |
| A. | 1.2 | |
| B. | 0.0 | |
| C. | -0.2 | |
| D. | 1.4 | |
| E. | -1.0 |
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