Question: Consider the following data: A ) Forecasting Method F 1 produces more accurate forecasts or F 2 . ( Support your answer ) MAD (

Consider the following data:
A) Forecasting Method F1 produces more accurate forecasts or F2.(Support your answer)
MAD (F1)=(90-87)+(91-91)+(85-82)3=2
MAD(F2)=(90-88)+(91-90)+(85-80)3=2.67
FI has MAD is lower => more accurate forecasts
B). Find 2-S control limits for forecasting method F1.
 Consider the following data: A) Forecasting Method F1 produces more accurate

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