Question $1.$

You are given the following forecasts:

Year

$1$

$2$

$3$

Var X

$111$

$91$

$133$

$151$

Calculate the average $\{$AF$)$ and the geometric $($GF$)$ forecasts for Var X growth. What

is the difference AF$-$ GE$?$

Note: Enter your answer to five decimal place. For example, if your answer is

$0\mathrm{.}0002347,$ enter $0\mathrm{.}00023$

Your Answer: