Question: Consider the data concerning the performance of a forecasting method shown in the table. Actual Month Forecast Demand 1 300 270 2 200 280 3

Consider the data concerning the performance of a forecasting method shown in the table. Actual Month Forecast Demand 1 300 270 2 200 280 3 270 260 4. 250 270 5 310 250 Which one of the following statements is TRUE? The ME is less than 20, and the MAD is less than 50. The ME is greater than 20, and the MAD is greater than 50. The ME is greater than 20, and the MAD is less than 50. The ME is less than 20, and the MAD is greater than 50

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