Question: Two different forecasting techniques ( F 1 and F 2 ) were used to forecast demand for cases of bottled water. Actual demand and the

Two different forecasting techniques (F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows:
PREDICTED DEMAND
Period Demand F1 F2
1686765
2756766
3707370
4746969
5697272
6726673
7807075
8787781
Click here for the Excel Data File
Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimal places.)

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