Question: Eemaining Time: 29 minutes, 46 seconds. Question Completion Status: QUESTION 24 Five different forecasting methods were used to predict the sales for the last two

Eemaining Time: 29 minutes, 46 seconds. Question
Eemaining Time: 29 minutes, 46 seconds. Question Completion Status: QUESTION 24 Five different forecasting methods were used to predict the sales for the last two periods. The actual sales for those two periods and the forecasts for each of the five forecasting methods is provided in table. You have been asked to determine which of the five is best using the mean absolute deviation Forecast Forecast Forecast Forecast Forecast Method Method Method Method Method Period Sales B D E 1 16 19 11 19 18 10 2 19 16 16 12 17 16 A Forecast Method C B Forecast Method D . -Forecast Method B D.Forecast Method E E Forecast Method A 2

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