Based on the Actual and Forecasted Returns for a Social

Multiple Choice

Based on the actual and forecasted returns for a social choice portfolio shown
Below, the MAD is $$\begin{array} { l c c } \text { Month } & \text { Monthly Return } & \text { Forecast } \\\text { July } & 2.2 \% & 1.95 \% \\\text { August } & 2.5 & 2.21 \\\text { September } & 1.8 & 2.35 \\\text { October } & 1.4 & 2.15 \\\text { November } & 1.1 & 1.6 \\\text { December } & 1.9 & 1.2\end{array}$$

A) 0.507
B) 2.344
C) 0.249
D) 1.531
E) None of the above