Question

The mean absolute deviation (MAD) for the forecasts shown in the following table is:

MonthForecast DemandActual Demand
April190180
May175200
June190200
July240220
August225195

a. more than 10 but less than or equal to 20.

b. more than 20 but less than or equal to 30.

c. more than 30 but less than or equal to 40.

d. more than 40 but less than or equal to 50.

Answer

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