Question: Consider the following three forecast errors (Error = Actual value - Forecast). Calculate the Mean Absolute Deviation (MAD). Round to 1 decimal place. Period 1

Consider the following three forecast errors (Error = Actual value - Forecast). Calculate the Mean Absolute Deviation (MAD). Round to 1 decimal place. Period 1 Error = 2 Period 2 Error = 3 Period 3 Error = 1

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