Question: The table below contains the actual sales data for the past 3 months, as well as the value that we forecasted for each month. We
The table below contains the actual sales data for the past 3 months, as well as the value that we forecasted for each month. We are interested in how well our forecasting system has been performing--in particular we are interested in Bias. Compute the MFE for data in the table.
| Month | Actual Sales | Forecast Sales |
| Apr | 89 | 95 |
| May | 107 | 113 |
| Jun | 109 | 143 |
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