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Question
A forecasting method has produced the following over the past five months. What is the mean absolute deviation?
| Actual | Forecast | Error | |Error| |
| 10 | 11 | -1 | 1 |
| 8 | 10 | -2 | 2 |
| 10 | 8 | 2 | 2 |
| 6 | 6 | 0 | 0 |
| 9 | 8 | 1 | 1 |
A) -0.2
B) -1.0
C) 0.0
D) 1.2
E) 8.6
Answer
This answer is hidden. It contains 35 characters.
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