Question: Given the following data Actual Forecast Demand 1 2 0 0 1 1 2 0 1 1 1 0 1 1 4 0 1 2

Given the following data Actual Forecast Demand 120011201110114012341240120011501180 which of the following is true On average, the forecast is off by 21.5% from the actual On average, the forecast is off by 3.8% from the actual On average, the forecast is off by 5.4% from the actual On average, the forecast is off by 15.2% from the actual On average, the forecast is overestimating the actual demand by 15 units

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