Question: For the following data set, calculate the Mean Absolute Deviation and the Mean Absolute Percent Error: Mention the formula/equation used for calculation. Month Forecast Actual
For the following data set, calculate the Mean Absolute Deviation and the Mean Absolute Percent Error:
Mention the formula/equation used for calculation.
| Month | Forecast | Actual |
| 1 | 100 | 107 |
| 2 | 110 | 112 |
| 3 | 110 | 96 |
| 4 | 105 | 121 |
| 5 | 115 | 133 |
| 6 | 120 | 104 |
| 7 | 115 | 122 |
| 8 | 120 | 114 |
| 9 | 120 | 87 |
| 10 | 100 | 118 |
| 11 | 110 | 94 |
| 12 | 100 | 125 |
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