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Two Forecasting Models Were Used to Predict the Future Values

Question 139

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Two forecasting models were used to predict the future values of a time series. The forecasts are shown below with the actual values.
Two forecasting models were used to predict the future values of a time series. The forecasts are shown below with the actual values. Calculate the mean absolute deviation (MAD) for Model 1. Calculate the mean absolute deviation (MAD) for Model 1.

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MAD1 = 1.22...

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