Question: A forecasting method has produced the following over the past five periods. What is the mean absolute deviation (MAD)? Period Actual Forecast 1 15 13

A forecasting method has produced the following over the past five periods. What is the mean absolute deviation (MAD)?

Period

Actual

Forecast

1

15

13

2

12

14

3

18

13

4

15

16

5

14

15

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