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A Time Series with Forecast Values Is Presented in the Following

Question 39

Multiple Choice

A time series with forecast values is presented in the following table:  Month  Actual  Forcast  Jan 1 Mar 1.2 May 1.15 Jul 1.25 Sep 1.3 Nov 1.275x\begin{array} { | r | r | r | } \hline \text { Month } & \text { Actual } & \text { Forcast } \\\hline \text { Jan } & 1 & \\\hline \text { Mar } & 1.2 & * \\\hline \text { May } & 1.15 & * \\\hline \text { Jul } & 1.25 & * \\\hline \text { Sep } & 1.3 & * \\\hline \text { Nov } & 1.275 & x \\\hline\end{array} If the mean absolute deviation (MAD) until September is 0.06, and the overall MAD is 0.05,
Then x = ______.


A) 1.270
B) 1.270 or 1.280
C) 1.265 or 1.285
D) 1.260 or 1.290
E) 1.285

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