Question: please explain in detail (do not use excel) so I may understand and learn. please show formula and show work on how answer was found
please explain in detail (do not use excel) so I may understand and learn. please show formula and show work on how answer was found as well as calculation.
Different forecasting techniques were used to forecast demand for a Laptop. The actual demand and the two sets of forecasts are as follows: Actual Demand Forecast Using Method A Forecast Using Method B 309 290 320 295 305 335 355 320 355 375 355 370 400 425 395 525 505 425 Calculate the MAD for each set of forecasts. Which forecast appears to be most accurate
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