Question: PLEASE COMPUTE MAD FOR EACH SET OF FORECASTS. Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water.

PLEASE COMPUTE MAD FOR EACH SET OF FORECASTS.
Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: Period 1 2 3 4 5678 Demand 68 75 6179 70 PO 74 69 6787 208 72 80 78 PREDICTED DEMAND F2 66 F1 66 68 1777 1782 20047 72 71 72 70 71 74 68024680 667 68 70 72 74 77780 76 78 80
 PLEASE COMPUTE MAD FOR EACH SET OF FORECASTS. Two different forecasting
techniques (F1 and F2) were used to forecast demand for cases of

Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 1 decimal place.)

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