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QUESTION

What is the mean absolute deviation for the forecast? A. 3.5 B. 2.33 C. 3.89 D. 2.86 What is the mean squared error for the forecast (round to two

What is the mean absolute deviation for the forecast?

A.   3.5

B.   2.33

C.   3.89

D.   2.86

What is the mean squared error for the forecast (round to two decimal point)?

A.   89.12

B.   9.94

C.   14.83

D.   4.72

The table below illustrates the MAD, MAPD, and the MSE for different forecasts. Which forecast method would you recommend?

A.   Moving Average

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