Question: John used the Mean Absolute Deviation ( MAD ) error measure to compare the accuracy of two forecast techniques, A and B . The MAD

John used the Mean Absolute Deviation (MAD) error measure to compare the accuracy of two forecast techniques, A and B. The MAD for forecast technique A(MADA) is 2.15 units, whereas the MAD for forecast technique B(MADB) is 1.15 units. Which of the following statements is correct?
MADB is more accurate because it is smaller than MADA.
Forecast technique B is more accurate because it is closer to zero.
Forecast technique B is more accurate because MADB is closer to zero.
Forecast technique A is more accurate because MADA is larger than MADB.
MADB is more accurate because it is closer to zero.
 John used the Mean Absolute Deviation (MAD) error measure to compare

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