Question: table [ [ UESTION 2 , table [ [ Consider the following demand figures for the 7 most recent periods ] , [

\table[[UESTION 2,\table[[Consider the following demand figures for the 7 most recent periods],[a. Compute the Forecast for the next period using a Average of All Historical Data-- use FORMU]]],[Period (t),DEMAND,\table[[Forecast],[Avg All Hist Data]],Optional - to show intermediate steps in columns D to F],[\table[[Absolute],[Forecast Error]],\table[[Absolute],[Percentage],[Forecast Error]],\table[[Squared],[Forecast Error]]],[1,33.00,,,,],[2,36.00,,,,],[3,39.00,,,,],[4,45.00,,,,],[5,55.00,,,,],[6,46.00,,,,],[7,56.00,,,,],[,d 8 Forecast,,,,]]
b. Calculate the following Forecast Error measures for this method
Use FORMULAS; just typing values will not earn the score
Mean Absolute Deviation (MAD)
 \table[[UESTION 2,\table[[Consider the following demand figures for the 7 most recent

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