Question: Suppose you have used some forecasting method that resulted in the following scenario. Period Demand Forecast 1 1 0 0 - 2 1 1 0

Suppose you have used some forecasting method that resulted in the following scenario.
Period Demand Forecast
1100-
2110103
3120124
4130140
Flag question: Question 7
Question 71 pts
Calculate the Mean Forecast Error (MFE) for periods 2-4 from the above table. If your answer is not an integer, provide at least three decimal places, e.g.,7.500.

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